A deepening energy shortfall throughout the country has prompted political and business leaders to propose building a large nuclear power plant, solar farms, new coal-fired facilities and 292 dams to produce hydropower through the Indian Himalayas.
The club, whose membership has included Mark Twain and George M. Cohan, faces deepening financial shortfalls, a lawsuit by its employees, fines by city and state agencies and accusations of gross mismanagement from some of its members.
With backbreaking budget deficits of as much as $4 billion, and a lifeless economy threatening to deepen those shortfalls, experts say the state is mired in its deepest financial hole in decades.
While states are grappling with shortfalls amid the deepening recession, New York's situation is particularly dire.
The nation's governors gathered today in an atmosphere of deepening concern, confronting persistent revenue shortfalls, which many said would be aggravated by the turmoil on Wall Street, and the rising costs of providing health care for the poor and preventing terrorist attacks.
The industry body said the skills shortfall in technology was deepening.
In a report out Tuesday, the Orange County Business Council projects that the county's housing shortfall will deepen sharply unless communities there build more apartments and houses at a greater density.
With a current price of $109, Moscow already faces a serious shortfall, which is only likely to grow in an age of energy abundance, deepening its long-term problems and narrowing its capacity to diversify.
The recession is deepening.
Deepening rifts Too optimistic?
