departments. this week it was camden, new jersey, laying off several hundred employees. another survey found 87% of the city finance officers said that they were less able to meet the city's fiscal needs in 2010 than a year before. the outlook for states is just as dire, especially considering that federal stimulus dollars which many states have used to partially fund budget gaps, will run out after 2012. states will face an estimated $300 billion budget shortfall for 2011 and 2012, and the extent to which states and municipalities are facing unfunded public employee pensions is truly staggering. a pew center on the states report oust this year's -- out of this year -- out this year pegs it at a $1 trillion gap -- that's to be able to pay pensions. during this downturn cities