“It’s like the python that ate the rat,” Brad Whitehead, a nonresident senior fellow at the Brookings Metropolitan Policy Program, said of the struggle to shepherd so much federal money into state projects. “You need all those calories, but it’s hard to digest it all at once.”The Treasury Department gave states broad discretion over how the stimulus money can be deployed, but imposed limits on using funds to shore up public pension programs and restricted states from using relief funds to subsidize tax cuts. The tax cut prohibition angered several Republican governors, who argued it infringed o …
Browse
Business Central
Accelerate growth with 1BusinessWorld's Global Business Profile
Sign up for free or use coupon code 1BW50 for 50% discount on your subscription
Sign up nowLatest Business News
- Safeguarding the Future: How AI is Transforming Homeland Security and Redefining Resilience (12/2/2024) - AI and Homeland Security: Navigating the Intersection of Opportunity and… Read more...
- Global Tourism Reimagined: Building Bridges for a Brighter Future (12/1/2024) - Building Bridges in the New Era: Annette Cardenas Advances Global… Read more...
- Leadership at Sea: The Art of Curating Unforgettable Journeys (11/24/2024) - Lisa Bauer Redefines Excellence Through a People-Driven Vision for Cruise… Read more...
- The Critical Role of Psychological Safety in Business Success (11/21/2024) - How Creating Cultures of Rewarded Vulnerability Unlocks Innovation, Engagement, and… Read more...
- Empowering Growth: The Leadership Imperative for Building Entrepreneurial Ecosystems (11/20/2024) - In today's rapidly evolving business landscape, characterized by technological advancements… Read more...
- Maximizing Retail Success: How Specialized Technology Transforms Customer Experience (11/14/2024) - Harnessing Domain-Specific Solutions for Enhanced Personalization and Efficiency The retail… Read more...