Public finance m2 discussion | Business & Finance homework help

Explain how the U.S. federal government’s financial challenges shape the financial future of state governments, local governments, non-profits, and other public organizations.  Ensure to include in your explanation the advantages and disadvantages of various revenue sources as well as the roles of efficiency, equity, and fairness on financing governments, non-profits, and other public organizations. 

For answer, refer to chapter 2 in attachment.