This issue brief focuses on the impact of budget shortfalls being experienced by many states after several years of strong revenue growth. It describes the structure and sources of state revenues and spending and the causes of the shortfall. It also summarizes the fiscal trends and federal policies that could result in significant budget shortfalls in the future.
Desonia, Randy, "The Disappearing State Surpluses: How Come, How Long, and How Will They Affect Social Service Programs?" (2001). National Health Policy Forum. Paper 71.