Impact of Antirecession Assistance on 52 Governments: An Update
GGD-78-56
Published: May 01, 1978. Publicly Released: May 01, 1978.
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Highlights
Title II of the Public Works Employment Act of 1976 authorized emergency federal aid to state and local governments hard hit by recessionary pressures in order to reduce their need to take budgetary actions which would run counter to federal efforts to stimulate economic recovery. The assistance was designed to be selectively targeted to go only to those governments substantially affected by the recession.
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Federal aid to citiesFederal aid to localitiesFederal aid to statesInflationRecessionState budgetsExpenditure of fundsReal propertyClaims paymentsFinancial condition