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Absent Federal Aid, How Bad Are State Budgets? [Governing]
Dec. 22 Last week, Virginia Gov. Ralph Northam revealed a two-year budget package that included no tax increases and substantial new spending. It would restore nearly half the nearly $3 billion in spending that Northam froze earlier this year, while increasing education spending by $500 million, mostly to help schools retrofit for the coronavirus pandemic. Northam’s budget even allows for more savings, devoting $650 million to Virginia’s rainy-day fund.
Most of the new spending is set for the second year of the proposed two-year budget. “By then, we hope most Virginians will be vaccinated, and our society and economy will have begun returning to more normal activities,” Northam said.
Congress just passed a Covid-19 stimulus package. Tell us what you think about it. Jacquelyn Martin/AP
Congress passed a bipartisan Covid-19 relief package Monday night.
We want to know what you think about it.
Does this package address your immediate financial concerns? If not, what additional funding should Congress include? Tell us what kind of relief is most important to you and your families right now.
Leave your comments in the text box below, and we may feature some.
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Senate minority leader spoke to Biden this morning about need for more stimulus
From CNN s Lauren Fox
Senate minority leader spoke to Biden this morning about need for more stimulus
From CNN s Lauren Fox
Senate Minority Leader Chuck Schumer speaks during a news conference at the US Capitol Building on December 20 in Washington, DC. Ting Shen/Bloomberg/Getty Images
Sen. Chuck Schumer, the top Democrat in the Senate, said that he spoke to President-elect Joe Biden and they agreed that the stimulus bill that passed yesterday is just the beginning of what is needed.
Schumer said at a news conference in New York on Tuesday that he expects that Biden will begin working toward another stimulus package in January or February of 2021.
Updated
Dec 22, 2020
Congress extended benefit availability, approved an extra $300 per week and added some new rules.
Lorna Morton expected the government to stop paying her unemployment benefits next week, but now that Congress has passed another pandemic relief bill, she should be able to receive them through March.
Not knowing whether her benefits would continue, Morton said, “didn’t make me feel confident that I was going to be able to meet my obligations.”
Morton, a pedicurist who works in continuing care and retirement facilities, is one of nearly 12 million people who would be eligible to keep their unemployment benefits, and also receive an extra $300 per week, if the president signs the bill into law.