Will U.S. cities face a knock-on fiscal crisis from the feds?
2 outlets - including Marginalrevolution and Feedblitz - are covering this story. Federal money flows to cities in three flavors: direct transfers, indirect transfers, and what we call fiscal dark matter. Direct transfers are exactly what they sound like — money sent directly from the federal government to various locali…
Covered by 2 outlets
All coverage · 2 articles
Will U.S. cities face a knock-on fiscal crisis from the feds?
Federal money flows to cities in three flavors: direct transfers, indirect transfers, and what we call fiscal dark matter. Direct transfers are exactly what they sound like — money sent directly from the federal government to various locali…
Will U.S. cities face a knock-on fiscal crisis from the feds?
Federal money flows to cities in three flavors: direct transfers, indirect transfers, and what we call fiscal dark matter. Direct transfers are exactly what they sound like — money sent directly from the federal government to various locali…