More on the States
You an look that This interactive US map to see what is happening to states’ tax revenue. 4 categories of state funds: general revenue (largest category), federal funding, bonds, restricted state funds (e.g. gas tax for road maintenance) Nelson A. Rockefeller Institute of Government state tax revenue health care a major drain Medicaid, providing insurance, but Mass. in doing all of this has much more expense than predicted.
Put together with new Moody’s assessment of states’ credit