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Federal aid to state and local governments should rely on real numbers

Sheila Weinberg  |  May 26, 2020

Op-ed by Sheila Weinberg, includes “… The new federal aid would be used to make up for tax revenue that state and local governments are losing during the current crisis. Some people estimate the revenue loss for states alone will be between $500 billion and $650 billion. But all of these estimates are educated guesses, and nobody knows exactly how much state and local governments are going to need. … State and local governments should receive the actual amount they need based on last year’s reported numbers. …” 

Read the full article on: The Hill

 
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