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Are State and Local Governments in a Strong Fiscal Position?
Abstract: Federal fiscal assistance in the COVID-19 pandemic has increased states’ budget surplus and raised recent state and local government spending above trend.
Keywords: COVID-19; state governments; local governments; state budgets; local budgets; state government spending; local government spending;
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https://www.stlouisfed.org/on-the-economy/2024/feb/are-state-local-governments-strong-fiscal-position
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Provider: Federal Reserve Bank of St. Louis
Source: On the Economy
Publication Date: 2024-02-08