Journal Article

The state of the state and local government sector: fiscal issues in the Seventh District


Abstract: This article reviews the state and local budget situation, particularly in the states of the Seventh Federal Reserve Districts (Illinois, Indiana, Iowa, Michigan, and Wisconsin). These states have pursued different fiscal policies over the last decade and have relied on different tax structures to pay for government, yet all are facing significant budget shortfalls.

Keywords: Fiscal policy; Budget;

Access Documents

Authors

Bibliographic Information

Provider: Federal Reserve Bank of Chicago

Part of Series: Economic Perspectives

Publication Date: 2004

Volume: 28

Issue: Q I

Pages: 2-17