Introduction
The state or local finance is a complex term that entails the state tactics, trend and the capabilities of handling the financial issues that face the United States are analyzed in the article. On similar account, the States financial budget implementation through its economic programs and activities are indicated. Thus, financial statements and reports that are analyzed within the local or national scope within America serves as a turning point since it intends to support the objectives of the State previously outlined (U.S Department of The
Treasury, 2014). Nevertheless, the extensive surveys done by the financial researchers point out the components ...