U.S. States Face Biggest Cash Crisis Since the Great Depression

The drop in income and sales tax revenue has created a historic crisis for states, with a total shortfall expected in the hundreds of billions of dollars. The projected gaps are greater than 2019’s K-12 education budget for every state combined, or more than twice the amount spent that year on state roads and other transportation infrastructure.

The Wall Street Journal | Servicios al consumidor | Administración Pública |

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