Pew's Fiscal Federalism Initiative is currently exploring the impact of federal deficit reduction on the states by investigating:
- The sensitivity of state budgets to changes in federal spending;
- The interconnectedness of federal and state tax policies;
- How federal regulatory policy has a fiscal impact on states; and
- The impact of federal tax and spending policies on state economies and the potential indirect effect on state finances.
Our original, non-partisan research gives both state and federal policy makers the information they need to make informed fiscal decisions.
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RESEARCH from the Project
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- Report
- Fiscal Federalism Initiative
The Geographic Distribution of the Mortgage Interest Deduction
The mortgage interest deduction is one of the largest tax expenditures in the U.S. tax code but the rate at which it is claimed and the average amount deducted vary widely across and within states. With changes to tax expenditures
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- Data Visualization
- Fiscal Federalism Initiative
The Geographic Distribution of the Mortgage Interest Deduction
With changes to federal tax expenditures under consideration, data showing the current geographic distribution of the mortgage interest deduction — one of the largest tax expenditures — are key to understanding how federal tax decisions would affect the states. These maps show that mortgage interest claim rates and average deductions vary widely both across and within states more
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February 28, 2013
Sequester Will Impact States
Pew's Anne Stauffer, an expert in the federal-state fiscal relationship, discusses the challenges policymakers face and how the sequester impacts states differently. more
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- Infographic
- Fiscal Federalism Initiative
Federal Grants to States Subject to Sequester Vary Widely Across Program Areas
How budget cuts under the sequester could impact states. more
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- Interactive
- Fiscal Federalism Initiative
The Impact of the Fiscal Cliff on the States: Sequestration
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
