State governments must balance their budgets and cannot carry deficits, unlike the federal government.
State governments are different from the federal government in that they are required to have their proposed budgets balance and are prohibited from carrying deficits into the next fiscal year. This is known as the balanced budget requirement, enshrined in the constitutions of most states except Vermont. Unlike the federal government, states cannot borrow money to finance budget deficits, leading to significant changes in state programs based on economic circumstances.
https://brainly.com/question/41290497