Ask the Experts: Federal Bailout for cities: Helping or hurting?

Truth in Accounting  |  February 4, 2022

Includes: Liz Farmer: "There were plenty of cities that weren’t facing a revenue shortfall when the American Rescue Plan happened and they got that check. They could certainly spend the money on “needed” things. (i.e., deferred infrastructure investment) Were city budgets going to explode if they didn’t get federal funding? No. For the most part absolutely not."

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