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Impact of Antirecession Assistance on 21 City Governments

GGD-77-70 Published: Feb 22, 1978. Publicly Released: Feb 22, 1978.
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Highlights

Title II of the Public Works Employment Act of 1976 established a program to provide state and local governments with antirecession assistance payments in order to help stabilize the economy. Emergency financial assistance was to be provided to governments substantially affected by recessions in order to reduce actions by the governments which could counteract federal efforts to stimulate the economy.

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Municipal budgetsRecessionBudgetsEconomic recessionPublic worksReductions in forceUnemploymentLocal governmentsFinancial assistance