Daily Budget News 1/8

NYT: Budget Shortfalls Put States in Same Gloomy Straits

Christian Science Monitor: In red, states seek tax hikes

AP: Stocks fall on fresh evidence of economic woes

LAT: Treasury bonds snapped up despite prospects of soaring deficits

Democrat and Chronicle: Obama echoes Paterson on spending controls

NYT: Obama Promises Bid to Overhaul Retiree Spending

Times Herald-Record: Gov. Paterson paints gloomy economic picture for New York State

NYT: Governor Says New York Is in a Perilous Situation

WVIB: Paterson calls for major budget cuts

Ithaca Journal: Paterson targets energy, health

TU: Paterson: reform Rockefeller drug laws

Crain's: Paterson plan emulates struggling NJ program

WKTV: 2008 STATE OF THE STATE REACTION: Assembly Speaker Sheldon Silver

NY Post: COPS LOOSEN UP ON PETTY CRIME

WNYC: City Island Fire Brings Debate About Station Cutbacks

NYT: Deal for Wireless Access in City Parks Collapses

WNYC: Venezuela Oil Suspension Hits Homes in NY

WNYC: Hugo Chavez flips oil aid back on for Bronx poor

NYT: GM, Chrysler, Credit Unions Expand Loan Programs

NYT: Toyota to Shut Factories for 11 Days

NYT (editorial): Moving Forward in Hard Times

NY Post (opinion): If only Paterson's plan was as good as his fancy words