Trickle-Down Uncertainty

Vadum, Mathew
December 2002
Bond Buyer;12/3/2002, Vol. 342 Issue 31524, p1
Trade Publication
Cites the findings of a report by Moody's Investors Service Inc. which points towards the fiscal uncertainty in the U.S. states due to the failure of the Congress to pass most of its fiscal 2003 spending bills. Sources of funds available with the federal government; Possible areas where federal funds are likely to be delayed; Difficulties faced by states regarding delay in the federal funds as reflected in the report.


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