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December 2002, No. 184c
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Last Updated: 11/27/2002

Maintaining and Financing Infrastructure in Tough Budgetary Times (Midwest Infrastructure Issue)

Rick Mattoon

Significant declines in expected revenues are forcing states to make dramatic cuts to their budgets; this makes it all the more critical to carefully assess which particular investments should be made. A recent conference at the Chicago Fed challenged policymakers to explore methods for pricing and managing our infrastructure assets to ensure that infrastructure investments are efficient and productive.

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