Analysis
The Debt Ceiling Debate
- July 1, 2011
- States' Fiscal Health
- American Cities Project
- Fiscal Federalism Initiative
- Contact Nicole Dueffert 202.552.2274
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