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Improving Transparency And Accountability In State Budgeting
Saturday, January 23, 2016 6:27
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from the Chicago Fed
The recent bankruptcies of Detroit and some other cities, as well as the fiscal problems now facing Illinois and Chicago, have shown that governments can slip into extreme financial distress without sufficient advance notice to prevent it.
Source: http://econintersect.com/pages/contributors/contributor.php?post=201601230640
