TITLE

STATE AND LOCAL GOVERNMENTS' FISCAL OUTLOOK

PUB. DATE
March 2010
SOURCE
GAO Reports;3/2/2010, preceding p1
SOURCE TYPE
Government Document
DOC. TYPE
Article
ABSTRACT
The article forecasts the state and local government's fiscal in the U.S. as of 2010 by the U.S. Government Accountability Office (GAO). It notes that pressures in the country's fiscal sector was alleviated through the increasing federal grants-in-aid which was contributed largely by the Recovery Act funds of 2009. GAO believes that the country's long-term fiscal sector position will steadily decline in 2060. It further discusses the significance of the country's infusion of Recovery Act funds.
ACCESSION #
48809359

 

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