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.[1] 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.
- ^ Associated Press (2008-08-01). "States face tough choices as budget crisis deepens". International Herald Tribune. Retrieved 2008-10-06.