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The state of the state and local government sector: fiscal issues in the Seventh District

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  • Richard H. Mattoon

Abstract

This article reviews the state and local budget situation, particularly in the states of the Seventh Federal Reserve Districts (Illinois, Indiana, Iowa, Michigan, and Wisconsin). These states have pursued different fiscal policies over the last decade and have relied on different tax structures to pay for government, yet all are facing significant budget shortfalls.

Suggested Citation

  • Richard H. Mattoon, 2004. "The state of the state and local government sector: fiscal issues in the Seventh District," Economic Perspectives, Federal Reserve Bank of Chicago, vol. 28(Q I), pages 2-17.
    • Handle: RePEc:fip:fedhep:y:2004:i:qi:p:2-17:n:v.28no.1
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    Keywords

    Fiscal policy; Budget;

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