Analysis

The Debt Ceiling Debate

How a Federal Default Could Impact States and Cities 

This brief examines how a potential default by the federal government could present serious challenges to states and cities. Shaken investor confidence could disrupt the municipal bond market, and delayed payments by the federal government may exacerbate the existing fiscal challenges faced by states and localities.

Date:
July 1, 2011
Contact:
Nicole Dueffert | 202.552.2274
Project:
States' Fiscal Health , American Cities Project, Fiscal Federalism Initiative
Issues:
Economy, Federal Impact, State Debt
 
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