West Virginia is the 2nd Most Federally Dependent State
CLARKSBURG, W.Va. (WBOY) — Every state gets federal funding, but which states are the most reliant on money from the government? The total amount of federal money isn’t the only factor, so a study from WalletHub found out how much a state’s federal funding makes up its total revenue.
The study observed that overall, red states are more reliant on federal funding than blue states. Whether a state is considered red or blue was determined with voting data from the 2020 presidential election. Republican states had an average score of 20.32 and Democrat states had an average score of 30.68, with a lower score meaning a state is more federally dependent.
Market Data 
Markets 
AI
