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Welfare finance reform: District states could face funding challenges

  • Deron Ferguson
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    Welfare finance reform could have a substantial fiscal impact on the budgets of some states in the Tenth district, although the ability to cope with reform will vary from state to state. This article discusses some of the proposed changes in welfare funding and the effect they may have on the states in the Tenth District. Each state's ability to offset potential reductions in welfare funding will depend on their own budget resources and whether additional funds are provided to states with limited resources and higher administrative costs.

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    Article provided by Federal Reserve Bank of Kansas City in its journal Regional Economic Digest.

    Volume (Year): (1994)
    Issue (Month): Q III ()
    Pages: 7-14

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    Handle: RePEc:fip:fedkre:y:1994:i:qiii:p:7-14
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