The National League of Cities, a nonprofit that represents 19,000 towns and cities with a combined population of 220 million, released a report indicating
“„Despite a broad range of sentiments about the future of the country, local officials agree that the state of America’s cities continues to worsen, threatening long term national economic recovery. City budget shortfalls will become more severe over the next two years as tax collections catch up with economic conditions. These will inevitably result in new rounds of layoffs, service cuts, and cancelled projects and contracts.With local and state sectors comprising about one-eighth of GDP, and cities making up a significant portion of this sector, the services and employment offered by local governments are critical to the health of local and regional economies that drive national economic performance.
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