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This is the second entry in “It’s the Economy, Stupid” a 15-part series analyzing the local economic news in five swing states. It’s known as the Keystone, Quaker, Coal, Oil, and perhaps someday soon the Gas State (more on that later). But to its close to 13 million inhabitants who embrace its motto of “Virtue, Liberty, and Independence,” it … Continue reading
This post was originally published on the Public Notice: Bankrupting America Blog. Standard & Poor’s recent downgrade of the United States’ credit rating leaves 13 states with higher ratings than the federal government. As reported by USA Today, S&P has yet to announce plans to downgrade the ratings of states and municipalities, but the effect may be felt … Continue reading
This post was originally published on the Public Notice: Bankrupting America Blog. With uncertainty surrounding spending cuts in the debt ceiling deal, lawmakers in states and municipalities are bracing for potentially weaker streams of federal cash. And the amount at stake is sizable, with states set to receive $586 billion from the federal government this year, and … Continue reading
Jared Alves 