Federal Funding Dependence: Alaska Tops the List
Tampa Bay News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Alaska tops the list as the most federally dependent state, while New Jersey is the least reliant, according to a new WalletHub report. The rankings consider factors like return on federal taxes, share of federal jobs, and federal funding as a percentage of state revenue. Alaska leads due to its reliance on federal revenue for infrastructure and employment, with residents receiving $2.52 in funding for every $1 tax paid. Kentucky and West Virginia follow, with federal funds making up 44% and 42% of their revenues, respectively. In contrast, Massachusetts, Delaware, and Utah are the least dependent, highlighting regional differences in federal reliance.
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