What are the differences between what the Federal government can do, and what the states and localities can do? What are the implications? You should discuss why these differences matter.
You should answer 5 out of the following 10 questions, each will be worth 20 points. You may use your notes, slides, and any additional sources available to support your answer. I will be looking for you to demonstrate that you understand these issues, the fundamentals or policy behind each, how they will shape what we can anticipate from policy makers, and/or what you believe should be done. The links included in the questions are intended to be a guide. Feel free to find other sources to support your answer. Include your sources as a link, formal citation is not necessary for your additional sources, but you should include links to the articles.
(1) TAX = EXP. From day one of this class, we discussed how the study of State and Local finance is inherently different from the issues addressed by Federal Government in their respective budgets. The first article below is a great example of the fiscal choices that State/Local governments make. How States and localities will manage through this crisis is dependent upon their prior fiscal choices. What are the differences between what the Federal government can do, and what the states and localities can do? What are the implications? You should discuss why these differences matter.
https://www.pewtrusts.org/en/research-and-analysis/articles/2020/04/24/states-take-early-steps-to-manage-covid-19-budget-fallout?utm_campaign=2020-04-29+Rundown&utm_medium=email&utm_source=PewT
The recent American Recovery Plan addressed some of the above issues, as seen in the article below – what remains to be done from your perspective? Provide examples and your justification or support.