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Thursday, February 18, 2021

State and Local Governments Do Not Need Half a Trillion in COVID Relief | Committee for a Responsible Federal Budget

State and Local Governments Do Not Need Half a Trillion in COVID Relief | Committee for a Responsible Federal Budget: The American Rescue Plan currently making its way through Congress contains over $500 billion of aid to state and local governments. A number of analysts and commentators have questioned the need for this much additional aid. While the economic downturn did take a toll on state and local revenue collections, that revenue decline has largely recovered on average — with some

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