The cuts will be deep. They'd have to charge us all 10x what we pay now to make that up with new revenue.

To put this in perspective, the 2008 recession resulted in a $2.5B revenue shortfall, and it effectively cut state budgets by 10% over the next biennium. This deficit is projected to be almost 4x as much, so we should expect the impacts to be that much worse. They could lay off every state employee, and it would barely put a dent in a $9.5B deficit.

Indeed, this will be ugly.