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Which of the following is true of state and local government spending? Select the correct answer below: Education accounts for about one-third of total state

Which of the following is true of state and local government spending? Select the correct answer below: Education accounts for about one-third of total state and local government spending. Fewer than half of all states have balanced budget laws. States and municipalities fund Medicare and Social Security. State and local government spending was about $ 25 trillion in 2014

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