Rural America's fiscal challenge
AbstractFiscal challenges at state and local governments are a potential threat to the economic recovery in rural America. Rural communities depend heavily on intergovernmental transfers from the states to provide local services. Many people in rural communities rely on the state or local government for their jobs and on Medicaid as part of their income. Thus, rural economies are highly susceptible to state budget shortfalls. As state governments cut spending in response to looming budget deficits in coming years, rural America's fiscal problems may also deepen.
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Bibliographic InfoArticle provided by Federal Reserve Bank of Kansas City in its journal Main Street Economist.
Volume (Year): (2010)
Issue (Month): 3 ()
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