California has one of the worst budget deficits and some of the most regulations.
State Projected FY 2012 deficit (Deficit as percent
of 2011 spending)
1. Nevada - $1,500,000,000 (45%)
2. New Jersey - $10,500,000,000 (37%)
3. Texas - $13,400,000,000 (32%)
4. California - $25,400,000,000 (29%)
5. Oregon - $1,800,000,000 (25%)
6. Minnesota - $3,800,000,000 (24%)
7. Louisiana - $1,600,000,000 (21%)
8. New York - $10,000,000,000 (19%)
9. Connecticut - $3,200,000,000 (18%)
10 South Carolina - $877,000,000 (17%)
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State Projected FY 2012 deficit (Deficit as percent
of 2011 spending)
1. Nevada - $1,500,000,000 (45%)
2. New Jersey - $10,500,000,000 (37%)
3. Texas - $13,400,000,000 (32%)
4. California - $25,400,000,000 (29%)
5. Oregon - $1,800,000,000 (25%)
6. Minnesota - $3,800,000,000 (24%)
7. Louisiana - $1,600,000,000 (21%)
8. New York - $10,000,000,000 (19%)
9. Connecticut - $3,200,000,000 (18%)
10 South Carolina - $877,000,000 (17%)