Inflation Eating into Local Government Budgets

Governments are under considerable pressure to relate their spending and taxation levels to cost inflation, yet each local government's experience with ...

Do State and Local Governments Need to Worry About Inflation?

The inflation ghouls in government hang out in their operating budgets, and most particularly in their payrolls. If wages start going up ...

The Looming State and Local Government Inflation Hangover

According to the Federal Reserve Bank of St. Louis, the Consumer Price Index in urban areas reached 8.5% in May 2022 (6% excluding food and energy). Inflation ...

What Inflation Means for State and Local Budgets

Even assuming the economy doesn't head into recession, however, state and local governments are having to contend with a range of fiscal ...

How Inflation is Impacting State & Local Government Spending

SLED government has been facing greater than normal rates of inflation, yet has also in many ways been better protected in its ability to ...

Three subtle ways inflation helps state and local government coffers

While rising inflation has reduced some consumers' buying power, it has different implications for state and local governments—some of them ...

Cities Combating the Impacts of Inflation with Local Recovery Funds

Although SLFRF was not originally intended to address inflation directly, local governments are making expenditures to help employees and hard- ...

Inflation caused by government overspending robs us of prosperity ...

... to pay for government spending, which devalued ... government is awash in cash with federal funds flowing to state and local governments.

The Road to Inflation: How an Unprecedented Federal Spending ...

The spending spree from March 2020 to December 2022 led to the worst wave of inflation since the 1970s, fostering a labor shortage and broken ...

Is Inflation the Result of Excessive Deficit Spending?

The answer is historically high budget deficits. The Federal government borrowed heavily to meet its spending needs in 2020 and 2021, and ...

State and Local Governments Have a Role to Play in Combatting ...

Inflation is not caused by corporate greed or supply constraints; it is caused by excessive government deficit spending fueled by loose monetary policy.

State-local finances in recession and inflation

Inflation and State and Local Government Expenditures. 32. The Net Effect ... tion on state and local government budgets. Table 20 shows slight inflation ...

Federal Transfers Exceed $1 Trillion

The federal government spent $1.08 trillion on transfers to state and local governments in 2023. Such spending has increased rapidly in both inflation-adjusted ...

Measuring the Inflationary Significance of a Government Budget in

The terms “inflationary” and “deflationary” are used in this study to indicate additions to or subtractions from the amount of money expenditure, i.e., the flow ...

CIPFA inflation outlook

Local government funding was already in a difficult place – high levels of inflation are pushing that into a crisis. Financial resilience in local government ...

How do State and Local Government Spending Measure Up?

Over the past few years, though, state and local surpluses have dwindled steadily: After reaching a 38-year high of 13.4 percent in 1984, state and local budget ...

The 2023-24 Budget: Considering Inflation's Effects on State Programs

In other budget areas, inflation can result in a reduction of quality, rather than quantity, of services. For example, in county administration ...

How the Federal Government Spends $6.7 Trillion | Cato Institute

Federal spending is rising faster than tax revenues, generating a massive flow of red ink. Congress has not balanced the budget in more than ...

How Inflation Changes Our Spending Habits

Ironically, as inflation causes people's spending habits to change, that can minimize official inflation numbers published by the government ...

Opinion | The real story of inflation - The Washington Post

According to this theory, the government may have meant well, but it ... into people's pockets, drove up demand and unleashed inflation.