State and Local Fiscal Stabilization Fund

The State and Local Fiscal Stabilization Fund is a government program created to provide financial assistance to state and local governments during economic downturns or emergencies. Its goal is to help these governments maintain essential services like education, public safety, and health, without having to cut budgets or raise taxes immediately. The fund ensures that critical community needs are met by providing flexible funding that can be used for a variety of purposes related to stabilizing and supporting local economies.