Fall in central funding in V B G RAM G may reduce spending by poorer states: Abhijit Banerjee

Fall in central funding in V B G RAM G may reduce spending by poorer states: Abhijit Banerjee https://www.taxtmi.com/news?id=68606 Reduction in the federal funding share of the VB GRAMG shifts fiscal responsibility to less able jurisdictions, likely causing poorer jurisdictions to spend less on the program and thereby weakening the scheme's poverty reduction objective. The bill's funding architecture may require revision to avoid replicating the predecessor scheme's distributional shortfall. en-us Mon, 26 Jan 2026 20:16:03 +0530 Mon, 26 Jan 2026 20:16:03 +0530 TaxTMI RSS Generator Fall in central funding in V B G RAM G may reduce spending by poorer states: Abhijit Banerjee https://www.taxtmi.com/news?id=68606 Reduction in the federal funding share of the VB GRAMG shifts fiscal responsibility to less able jurisdictions, likely causing poorer jurisdictions to spend less on the program and thereby weakening the scheme's poverty reduction objective. The bill's funding architecture may require revision to avoid replicating the predecessor scheme's distributional shortfall. News - Mon, 26 Jan 2026 20:16:03 +0530 https://www.taxtmi.com/news?id=68606