Governors' Gathering Hears That Worse Deficits Are Coming

The nation's governors have seen the future of state finances, and that future looks poor. That was the word from Vermont Governor Jim Douglas (pictured) at this weekend's opening press conference of the winter meeting of the National Governors Association. "The situation is fairly poor for a lot of states around the country," Reuters quotes Douglas, the current chairman of the group, as saying. "In fact, most states."