fiscal austerity
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The Nip and Tuck of the Illinois Budget: Cuts to Children and Families
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Budget cuts to the Child Care Assistance Program continue to wreak havoc on the children and families of Illinois.
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(Mis)measuring Economic Wealth
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In a new paper, Joseph Stiglitz offers potential ideas about what may have contributed to a mismeasurement of wealth.
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The Downstream Effect of Fiscal Austerity
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Researchers explore how the relationship between federal, state, and local governments mutes the benefits of the federal government’s fiscal austerity measures. The burden is shifted to state and local governments that face higher demand for safety net programs with shrinking revenue sources.
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Plug and Play: The U.S. Military Adapts to Austerity
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In a recent strategy document, the U.S. Department of Defense explains how it will organize its capabilities to meet tomorrow’s uncertain security challenges, despite constrained resources.