Center on Budget & Policy Priorities: Good Reasons Why States Haven't Yet Spent All Coronavirus Relief Funds
June 27, 2020
June 27, 2020
WASHINGTON, June 27 -- The Center on Budget and Policy Priorities issued the following news:
Michael Leachman, Vice President for State Fiscal Policy
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 part because they haven't spent all the aid they've received so far. States, however, have good reasons not to spend all of that aid just yet. . . .
Michael Leachman, Vice President for State Fiscal Policy
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 part because they haven't spent all the aid they've received so far. States, however, have good reasons not to spend all of that aid just yet. . . .