The scheduled across-the-board cuts to federal defense and nondefense spending would have both direct and indirect impacts on states' budgets. This interactive tool highlights various indicators of states' vulnerabilities to the sequester. more

As states spend the $2.5 billion awarded to them as part of the mortgage crisis settlement agreed to earlier this year, there’s growing concern funds aren’t going where help’s needed most. more

Federal and state finances intersect in a number of ways. Showing how closely they are intertwined is one way the Fiscal Federalism Initiative enhances federal and state policy makers' understanding of the federal-state relationship.

A county judge in Wisconsin has thrown out most of Governor Scott Walker’s law that severely restricts collective bargaining for public employees, throwing into question changes to contracts already negotiated under the year-old law.