• HOME :
  • NEWS :
  • REPORT: BORROWING FROM THE FED HAS LONG-TERM ECONOMIC CONSEQUENCES FOR FAILING STATES

Report: Borrowing from the Fed has long-term economic consequences for failing states

JUNE 15, 2020 | by Bethany Blankley | THE CENTER SQUARE

By Bethany Blankley, includes “Many states have faced budget strains for years, which became exacerbated by stay-at-home orders causing economic shutdowns, high unemployment and significant loss of tax revenue. Some states fared worse than others and have looked to the federal government for help. …”

VIEW LESS