2008 Nevada budget crisis

The 2008 budget crisis in Nevada was a fiscal crisis in which the state faced a budget shortfall of at least US$1.2 billion out of a $6.8 billion budget. The budget crisis was a result of the larger subprime mortgage crisis and the late-2000s recession.

The budget shortfall resulted Nevada Governor Jim Gibbons and the Nevada Legislature making large cuts to many state programs and agencies.

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