States That Depend Most and Least on Federal Funding
States and their residents receive money from the federal government in a number of ways, from the Medicaid health insurance program to unemployment insurance.
Americans’ dependence on government assistance had been decreasing, but this year, the coronavirus pandemic has driven up federal spending to states, says WalletHub’s 2020 list of states that are most and least dependent on federal funds.
What follows are the five most-dependent states and the five most-independent states.
The ratings show a state’s dependency score from WalletHub. The scores take into account residents’ dependence on federal money and the state government’s dependency. The lower the score, the less a state depends on federal money.
Let’s block ads! (Why?)
, Money Talks News reports