Why Federal Investments Matter: Stability from Congress to State Capitals

Video Description

EventID=110364 State and local governments touch the lives of nearly every American. Every day, millions of Americans drop their children off at public schools, check out a library book, renew a driver’s license, travel on local roads, and walk their dog in a clean, safe public park — all of which are made possible by the work of state and local governments. Many may not realize, however, the role the federal government plays in making those activities and investments possible. The federal government spent nearly $700 billion supporting services provided by state and local governments in 2018 – accounting for approximately one-sixth of the entire federal budget. On January 15th, the House Budget Committee will hear from five witnesses on the importance of federal investments in state and local communities. Witnesses will also discuss the challenges faced by state and local governments in times of federal budget uncertainty, and how the federal government can better support states and localities during economic downturns.