Minimize fiscal disparity among subnational governments

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Assignment:

One of the most important objectives of intergovernmental revenue transfer, also known as grant, is to minimize fiscal disparity among subnational governments.

Please use two very important and also LARGEST government programs at the state and local level that are partially funded by grants, that have been discussed in class, to illustrate how government grants are designed to achieve this goal. For each program, you need to discuss:

a) how the grant for this program is designed;

b) how this design achieves the main objective of grant.

Reference no: EM133810761

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