Federal Grants to States and Localities Cut Deeply in Fiscal Year 2008 Federal Budget February 6, 2007. Iris Lav at the Center on Budget and Policy Priorities explains the impact. Anthony Troia2012-03-15T19:14:46-04:00February 6th, 2007|Blog, Federal Taxes & Budget Policy, Tax & Budget| Share on Social Media FacebookTwitterLinkedInEmail