By Karen Pierog, includes “U.S. Treasury guidelines for spending billions of dollars in federal stimulus funds could further antagonize states seeking to cut taxes this year, according to analysts. Guidance released on Monday fleshes out the do's and don'ts for tapping $350 billion flowing to states … That act includes a prohibition against using the money to subsidize new state tax cuts, which has already led to constitutional challenges in federal courts from 18 largely Republican-controlled states.”
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