Decline in Federal Grants Will Put Additional Squeeze on State and Local Budgets
Publication Date: February 2004
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Iris J. Lav
Research Area: Banking and 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.
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