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Cover -- Title Page -- Copyright Page -- Dedication Page -- Contents -- Illustrations -- Preface -- 1 Six Profiles of the Changing Face of Fiscal Federalism: An Overview -- Overview -- Leveling the Playing Field -- Competitive Federalism -- Six Profiles of the Changing Face of Fiscal Federalism -- 2 The Deregulation of the American Federal System: 1789-1989 -- Constitutional Federalism: 1789-1929 -- Crisis Federalism: 1929-53 -- Fiscal Federalism: 1953 to Present -- Contemporary Federalism: Three Significant Features -- Looking Back -- 3 Federalism and Urban Policy: The Intergovernmental Dialectic -- Federalism and Urban Policy -- The Decline of Social Welfare -- The Rise of Fiscal Welfare -- The Developmental State -- Future Urban Prospects -- 4 Changing Federalism: Trends and Interstate Variations -- Trends in Intergovernmental Finance -- Interstate Variations -- Fiscal Conditions -- The Response to Bush Federalism -- Conclusions -- 5 State Finances in the New Era of Fiscal Federalism -- Tax Policy -- Federal Aid Cutbacks -- Fiscal Conditions -- Expenditure Policy -- Education Spending -- Outlook for the Next Decade -- Appendix: Methodology and Sources for Estimates of Spending and Federal Aid -- 6 Big City Finances in the New Era of Fiscal Federalism -- Impediments to Raising Revenue -- Cause for Concern -- Financial Management -- Tax Rates and Service Levels -- Fiscal Health -- Summary and Conclusion -- 7 The Economics of Fiscal Federalism and Its Reform -- Divisions of Responsibility: A Normative Model -- Actual Budgets -- Reform Proposals -- Summary -- Index -- About the Contributors.