Saturday, August 6, 2011

Downgrade Poses Challenge for Local Governments - Wall Street Journal

http://www.mdsidesignlabs.com/travel/economic-development-can-support-end-poverty-but-it-is-not-enough/


Downgrade Poses Challenge for Local Governments

Wall Street Journal


Analysts consider these states vulnerable to a downgrade because many of them rely heavily on federal spending on programs such as Medicaid or are home to thousands of federal employees. If Washington reacts to the downgrade with big cuts in spending, ...



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