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The most recent recession, which started in Dec. 2007, is believed to be the worst economic downturn the country has experienced since the Great Depression. In response to this recession, Congress passed the Recovery Act, which provided state and local governments with $282 billion in fiscal assistance. The Recovery Act requires an evaluation of how national economic downturns have affected states since 1974. This report: (1) analyzes how state and local government budgets are affected during national recessions; and (2) identifies strategies to provide fiscal assistance to state and local governments and indicators policymakers could use to time and target such assistance. Charts and tables. This is a print on demand report.
Examines the actions and accomplishments of executive branch initiatives to restrain and reform intergovernmental regulation during the 1980s. It inventories a number of significant new mandates enacted by Congress during the past decade and develops a rough estimate of their cumulate costs. Also traces the Supreme Court's evolving doctrines affecting intergovernmental regulation. Presents recommendations for responding to this situation. Over 30 charts, tables, and graphs.
Covers trends from 1957 to 1995.