Thanks to belt-tightening, states are in the best shape they’ve been in since the 1980s. The fat they’ll need to absorb from unfunded federal programs, though, could weigh them down.
Adam M. Zaretsky
It’s been said that statistics are like a bikini. What they reveal is suggestive, but what they conceal is vital.
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Fed in Print: An index of the economic research conducted by the Fed.