Relief or Bailout? The predicament of additional funding for state and local governments.
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In the last few months, the federal government has passed a series of relief packages to address the far-reaching effects of COVID-19. These packages represent the largest federal stimulus in United States history — including the historic $2 trillion CARES Act. State and local governments are now calling for further relief from the federal government to the tune of half a trillion dollars. Is this a good idea?
We’ll walk through the research from both sides. You decide where you land.