How Washington Boosts State and Local Budget Deficits

Publication Date: July 1992

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Andrew J. Cowin

Research Area: Banking and finance; Government

Keywords: Budget

Type: Report

Coverage: United States

Abstract:

Progress often comes from recogniiing mistakes and carrecting them. The time has come to recognize that federalism, as it has evolved in the last seventy years, is badly off course. A correction must be made. Perhaps the most serious consequence of misguided federalism is the tremendous cost that federal mandates place on state and local budgets. Federal, state and local budgets face recurring crises unless Congress adjusts the relationship between Washington and the other levels of government.