As federal policymakers consider another package to address the deep economic downturn, one of the most effective steps would be to provide substantial federal grants ... Read more
Some wrongly argue that federal policymakers should “wait and see” before giving states more fiscal aid to help address their huge, recession-driven revenue shortfalls, in ... Read more
We now project that the state budget shortfalls expected from COVID-19’s economic fallout will total a cumulative $615 billion over the current state fiscal year. Read more
The CARES Act includes a $150 billion Coronavirus Relief Fund (CRF) to help states, populous cities and counties, tribal governments, and U.S. territories ... Read more
The “wait and see” approach that Senator John Thune and some other Republicans recommend for providing more state and local fiscal relief ... Read more
South Dakota’s Governor Kristi Noem says her state doesn’t need more federal fiscal relief; it just needs the Treasury Department to let it ... Read more
States will need more fiscal relief to avoid having to make deep budget cuts to meet their balanced-budget requirements, which would hurt families and communities while worsening the recession. Read more
May 21, 2020: We have updated our estimate of projected state shortfalls. Please see this post for our new estimate. State budget shortfalls ... Read more
