The Case for State Borrowing as a Response to the Current Crises
Tax Notes State, September 14, 2020, p. 1137
7 Pages Posted: 11 Nov 2020
Date Written: September 14, 2020
This essay explains how and why U.S. state governments can and should borrow funds in the absence of sufficient federal aid during the COVID-19 pandemic.
Keywords: state and local tax, fiscal federalism, budget crisis, government borrowing
JEL Classification: K34
Suggested Citation: Suggested Citation