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How will federal stimulus impact state and local budgets – and municipal bond investors?

Robert Amodeo  |  February 23, 2021

By Robert Amodeo, includes “… The Biden administration wants to downstream $350 billion directly to state and local governments to address reduced tax collections and other pandemic-related damage, with additional support for public transportation, healthcare and education. No fiscal relief package can offset all the economic loss in every state but all federal aid should be viewed as a positive for the municipal market.” 

Read the full article on: The Bond Buyer

 
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