However, a lack of fiscal resources will limit funds available to the regions.
Beyond the flare-ups in the credit markets, Rueckert noted that the fiscal year for mutual funds ends in October, so they were changing positions.
The U.S. House of Representatives agrees with the governors and included a plan to block grant Medicaid funds in its Fiscal Year 2012 budget.
Many funds end their fiscal year at the end of October.
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When Spain's fiscal-stimulus package provided funds to build low-cost housing, it was criticised for spurring more construction in a country that had already seen too much.
Another element at play in the efforts to restart U.S. equity trading is the fact that Wednesday marks the end of October, when many mutual funds close their fiscal year and asset managers of many stripes update investors on their holdings at month-end.
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Nonetheless, and not to put too fine a point on it, any lawmaker who voted for the budget deal that funds the remainder of this fiscal year or who opposed the measure because it cut spending by too much ought to be impeached if he does not also vote to increase the debt limit.
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President Obama tours the country raising campaign funds and ripping Republicans for their fiscal irresponsibility.
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Then, abruptly, the music stopped as the hedge funds who were supporting Apple into their fiscal year end on October 31st, began to bail out.
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Instead, Mr Soros has advocated the creation of a European Fiscal Authority (EFA) to oversee the bailout funds and make key economic decisions for all eurozone governments to establish "a level playing field".
More recently, the resolution of the fiscal cliff contributed to more money flowing into stock mutual funds a couple of weeks ago than in any other week over the last 11 years.
And if the economy grows vigorously from now through the rest of the 1980s -- a fiscal event every few economists are predicting -- the funds will barely squeeze by, with no margin to guard against a temporary downturn.
Cut off from foreign funds, the country would be forced into still tighter fiscal austerity.
The ad hoc response to the Greek crisis may partly reflect a fear that a formal set-up with a staff, budget and the ability to raise funds in capital markets would be too close to a fiscal union for many countries to stomach.
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This money is fiscal pixie dust, since the troops are already coming home and those funds were never going to be spent.
Sanjeev Prasad of Kotak, a broker, studied inflows in the 2011 fiscal year, and found only a fifth could be explained by mainstream funds (excluding most sovereign-wealth funds, where data are scarce).
The spending bill funds a wide range of government agencies for the rest of the fiscal year - until September 2012.
In effect, the fiscal impact of implementing a tax expenditure would be similar to a direct expenditure of state funds.
But while the Government of South Sudan is beginning to attract donor funds from various quarters, it faces a major challenge in the area of fiscal policy.
The salvo is also aimed to block all funds for current and pending EPA greenhouse gas regulations on stationary sources throughout the remaining fiscal year.
Large Private Fund Advisers to hedge funds would be required to file Form PF within 60 days of the end of each fiscal quarter (instead of 15 days in the original proposal).
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Large Private Fund Advisers to liquidity private equity funds would be required to file Form PF within 120 days of the end of each fiscal year (instead of 15 days on a quarterly basis in the original proposal).
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The funds are intended as a "bridge" to last from October 2008, the start of the 2009 fiscal year, through the spring of 2009.
France, seeking fresh ways to raise funds and frustrated that American technology companies that dominate its digital economy are largely beyond the reach of French fiscal authorities, has proposed a new levy: an Internet tax on the collection of personal data.
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