After reading this sentence:
A near-decade of two simultaneous foreign wars, topped off by the most brutal recession in two generations, has left federal and state budgets reeling.
I was left wondering about the meaning that was intended to be given by "reeling" in the sentence. From the definitions in Google, I don't know which one to choose (1 and 2 don't seem to apply):
Lose one's balance and stagger or lurch violently
Feel very giddy, disoriented, or bewildered, typically as a result of an unexpected setback
Walk in a staggering or lurching manner, esp. while drunk