How the Federal Reserve Should Help States and Localities Right Now
TAX NOTES STATE, MAY 11, 2020
4 Pages Posted: 25 Jun 2020
Date Written: May 11, 2020
Abstract
This essay explains how and why the Federal Reserve could support state and local governments during the COVID-19 emergency to prevent drastic spending cuts.
Keywords: fiscal federalism, federal reserve, state and local tax, stimulus
JEL Classification: K34
Suggested Citation: Suggested Citation
Shanske, Darien and Gamage, David, How the Federal Reserve Should Help States and Localities Right Now (May 11, 2020). TAX NOTES STATE, MAY 11, 2020, Available at SSRN: https://ssrn.com/abstract=3633466
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