Federal-State Budgetary Interactions

Document Type

Book Chapter

Publication Date

2008

Keywords

state fiscal policy, federal budget

Abstract

This chapter explores the similarities and differences between federal and state fiscal policies. It examines the causes of popular dissatisfaction with states' fiscal performance, suggesting that serious problems exist, but in areas and at times that have heretofore escaped broad notice. It suggests both internal modifications to state fiscal rules and changes in the relationships between federal and state governments that can address these problems and improve states' ability to play their roles in the federal system.

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