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Tony Woodlief
Senior Executive Vice President and Senior Fellow for SPN’s Center for Practical Federalism at the State Policy Network. He discusses fiscal federalism and state budgets.
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Aug 21, 2025
• 49min
The Federalization of State Budgets
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Tony Woodlief, Senior Executive VP at the State Policy Network, dives into the complexities of fiscal federalism. He discusses how nearly 37% of state revenues now come from federal sources, raising concerns about state autonomy. The conversation critiques the hidden costs of federal funding and emphasizes the need for transparency. They also tackle the challenges surrounding the U.S. jobs report, advocating for better methodologies. Lastly, Tony unpacks misconceptions about trade deficits and surpluses, revealing their nuanced impacts on the economy.
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