State and local governments provide a larger share of, Finance Basics

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State and local governments provide a larger share of

In the United States, the federal government pays for a considerably larger share of social welfare spending (that is, spending on social insurance programs to help low-income, disabled, or elderly people) than it does for education spending for grades K-12.

Similarly, state and local governments provide a larger share of education spending and a smaller share of welfare spending.

Is this a coincidence, or can you think of a reason for why this might be so?

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Finance Basics: State and local governments provide a larger share of

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