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Relief or Bailout? The predicament of additional funding for state and local governments.

Role Of Government,States,Federalism,Banking And Finance,Economy And Jobs,Economic Policy

From the Center

In the last few months, the federal government has passed a series of relief packages to address the far-reaching effects of COVID-19. These packages represent the largest federal stimulus in United States history — including the historic $2 trillion CARES Act. State and local governments are now calling for further relief from the federal government to the tune of half a trillion dollars. Is this a good idea?

We’ll walk through the research from both sides. You decide where you land.

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