I thought this was a pretty interesting comparison of spending cuts to tax increases as a response to state budget shortfalls. For those of you who are willing to really dig deep into state budget issues, they have several other articles on the issue. It is a link to an article from the Center on Budget and Policy Priorities.
http://www.cbpp.org/cms/index.cfm?fa=view&id=2815
http://www.cbpp.org/cms/index.cfm?fa=view&id=2815
