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They are facing shortfalls of $140 billion next year.
But all the south-eastern states, for example, are facing shortfalls.
Both the city and the state are also said to be facing shortfalls.
With larger families facing shortfalls of £100-£200 a week, many will face food poverty, rent arrears and eviction.
(More than a dozen states facing shortfalls have inexcusably cut taxes, or, as in New York, plan to let tax surcharges expire).
The $50.7 billion Hurricane Sandy relief bill approved this month by the House of Representatives provides up to $300 million in low-interest loans for localities facing shortfalls.
Similar(32)
Today, corporations face shortfalls totaling tens of billions of dollars.
Central government reimburses councils, but authorities say they still face shortfalls.
When the snowpack does not materialise, California faces shortfalls in water supply.
New estimates from the Congressional Budget Office show that the states face shortfalls of $700 million this year and a total shortage of $13.4 billion from 2008 to 2012.
While the BCG paper suggests this on per immigration and talent mobility: "By 2030, most of the 25 economies in our study will face shortfalls.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com