CBPP Report Confuses Two Issues; Ignores Budget Reform Opportunity January 9, 2009 TF Staff TF Staff Responding to a CBPP report that favored federal grants to the states over loans, Tax Counsel Joseph Henchman argues that loans for state infrastructure could steer the money toward more worthwhile projects, and that a bailout of state government budget shortfalls should include tax reform obligations. Read it here. Was this page helpful to you? Yes! No Thank You! The Tax Foundation works hard to provide insightful tax policy analysis. Our work depends on support from members of the public like you. Would you consider contributing to our work? Contribute to the Tax Foundation Share This Article! Let us know how we can better serve you! We work hard to make our analysis as useful as possible. Would you consider telling us more about how we can do better? Give Us Feedback Topics Center for Federal Tax Policy Tags State Tax and Spending Policy