States rebound from bleak forecasts to pass record budgets
JEFFERSON CITY, Mo. (AP) — Just a year ago, the financial future looked bleak for state...
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JEFFERSON CITY, Mo. (AP) — Just a year ago, the financial future looked bleak for state...
JEFFERSON CITY, Mo. (AP) - Just a year ago, the financial future looked bleak for state governments as governors and lawmakers scrambled to cut spending amid the coronavirus recession that was projected to pummel revenue. They laid off state workers, threatened big cuts to schools and warned about canceling or scaling back building projects, among other steps. Today, many of those same states are flush with cash, and lawmakers are passing...
Some Republicans criticized the amount of money going to states in the Biden administration's relief package, saying it was unnecessary.
Just a year ago, the financial future looked bleak for state governments as governors and lawmakers scrambled to cut spending amid the coronavirus recession that was projected to pummel revenue.
Just a year ago, the financial outlook for state governments looked bleak as the COVID-19 pandemic shook the entire U.S. economy.