The following is an update from the piece How Federal Stimulus Money will be Allocated in Illinois, which was published March 15. State leaders recently convened on how to allocate the $7.5 billion the state will receive under President Biden’s stimulus plan. According to Gov. Pritzker, Senate President Don Harmon, and Speaker Chris Welch, the stateContinue reading “How Federal Stimulus Revenue will be allocated in Illinois [update]”
Tag Archives: Stimulus
Why Federal Economic Stimulus Matters for State and Local Governments
By: Christopher Ryan Crisanti Fiscal stimulus is not meant to simply be a generous act by the federal government to provide financial help to struggling Americans. Rather, the public policy serves a major economic purpose to stimulate economic activity by increasing aggregate demand for goods and services. In normal economic times, the Federal Reserve reliesContinue reading “Why Federal Economic Stimulus Matters for State and Local Governments”
Prairie State Policy 