Projected U.S. State Budget Gaps for 2012

The Financial Times posted this picture of the projection budget gaps for all the states in the United States. It is projected that only 12 states of the 50 states have no gap.

FT

The 'PIIGS'-States versus the Core-States in the United States

This picture compares states in the United States based on their taxes paid to the federal government versus the incomes received from the federal government. It shows the United States fiscal transfers. If a state receives more income than it pays taxes to the federal government it has a deficit, if it receives less income than it pays taxes it has a surplus.

In the graph for each state the surpluses and deficits have been added up over the last 20 years. The surplus or deficit over 20 years for each state is viewed as a percentage of 2009 GDP.

As you can see there are 20-surplus states and 30-deficit states.

The Economist