off the charts
POLICY INSIGHT
BEYOND THE NUMBERS

State Fiscal Crisis 101

With President Obama calling on Congress to extend Recovery Act assistance for states, here’s a set of graphics on:
  • the causes of the wide gap between rising public needs during the recession and the resources available to states to meet them,
  • the steps states have taken to balance their budgets,
  • how the Recovery Act ’s health and education assistance has helped preserve jobs and protect the economy, and
  • what will happen if Congress doesn’t extend fiscal relief.
As this graph shows, for example, states are facing a record decline in revenues due to the recession.
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Again, see the full set of graphics here.