4 years ago
Stimulus package will remain half-baked unless local governments get more of the dough
Lawmakers are pinning their hopes on a US$2 trillion package to prop up the U.S. economy and provide relief to individuals and business ravaged by the coronavirus. The stimulus is expected to pump $150 billion in aid to state and local governments. But with nearly 40,000 local governments across all 50 states, the money will be stretched thin and is likely to run out quickly. Many local officials are already bracing for severe budget shortfalls and mid-year cuts.
Continue Reading
https://theconversation.com
Join the Discussion