John Hood has warned us that most states face budget crises. This is despite ? or because of? ? large-scale growth in federal aid to state governments.
The Cato Institute has a new bulletin on this growth. (There’s a PDF link here.)
Cato’s Chris Edwards says:
By my count, there are now 1,122 aid-to-state programs, or 72 percent more programs than just a decade ago.
For lawmakers looking at places to cut, the $650 billion federal aid empire would be a good place to start.
Edwards has more to say here.
