US states flush with aid spend at fastest pace in 35 years

Nic Querolo  |  November 23, 2021

By Nic Querolo, includes “The unprecedented spending clip last fiscal year highlights the sheer scale of pandemic aid the federal government handed to states in an effort to cover the costs of responding to Covid-19 and to ease the hit to the nation’s economy. It’s part of the backdrop that’s helped municipal debt outperform the rest of the U.S. bond market this year.”

Read the full article on: Bloomberg

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