Congressional findings of fact and declaration of policy
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(1)
that State and local governments represent a significant segment of the national economy whose economic health is essential to national economic prosperity;
(2)
that present national economic problems have imposed considerable hardships on State and local government budgets;
(3)
that those governments, because of their own fiscal difficulties, are being forced to take budget-related actions which tend to undermine Federal Government efforts to stimulate the economy;