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GAO Report: State and Local Governments' Fiscal Outlook -- April 2011 Update
U.S. Government Accountability Office [GAO] 
Apr. 6, 2011
14 pages. "As we have reported in previous model updates, and as shown in figure 1, the sector faces long-term fiscal challenges that grow over time. The model's simulations show that the fiscal position of the sector will steadily decline through 2060 absent any policy changes." Editor's Note: The report includes health care and pension fund expenditures. [GAO-11-495SP, Apr. 6, 2011]
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