Fiscal Federalism

 

 

Grants-in-Aid

(up to 1960s)

Categorical Grants

(from 1960s on)

Block Grants

(1980s on)

Revenue Sharing

(1970s to 1986)

Definition and Examples

 

 

 

 

 

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Advantages and Disadvantages from States’ Point of View

 

 

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Advantages and Disadvantages from the Federal Government’s point of view

 

 

 

 

 

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