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Decline in Federal Grants Will Put Additional Squeeze on State and Local Budgets

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Publication Date: February 2004

Publisher(s): Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Iris J. Lav

Funder(s): Center on Budget and Policy Priorities (Washington, D.C.)

Funder(s): Center on Budget and Policy Priorities (Washington, D.C.)

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Banking and finance (Public finance)

Keywords: State budgets; City budgets; Tax code; Fiscal future

Type: Report

Abstract:

President Bush has touted his budget as one that holds down spending. One way he is appearing to cut spending is by passing down costs to other levels of government, leaving states and localities the option of either curtailing services or paying for those services with increasingly scarce state or local funds.