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COVID-19 has triggered a state budget crisis ([link removed]) .
States, tribes, and local governments are incurring huge new costs as they seek to contain and treat the coronavirus and respond to the virus-induced spike in joblessness and related human needs.
At the same time, they are projecting sharply lower tax revenues due to the widespread collapse of economic activity brought about by the virus’ spread and needed containment activities. The federal stimulus bills to date include fiscal relief – but it is already clear that it will far short of states, tribes, and localities ([link removed]) will need.
Unfortunately, the impact in some states will be unnecessarily harsh ([link removed]) due to the state’s failure to adopt policies that support families and communities during the economic downturn.
More specifically, people in states ([link removed]) with inadequate budget reserves, weak unemployment insurance systems, relatively inaccessible Medicaid programs, and/or expensive higher education systems are particularly likely to struggle during the recession if they lose their jobs.
The CARES Act included the $150 billion Coronavirus Relief Fund ([link removed]) , which state, tribal, and local governments can use this year to meet costs connected to the virus. We have a new fact sheet ([link removed]) detailing how much federal funding each state will receive.
Read: Our new special series ([link removed]) on state budgets and COVID-19.
Download the PDF (3pp) ([link removed])
Read: Our new report detailing how some states are much better prepared than others for a recession ([link removed]) .
Download the PDF (28pp) ([link removed])
Read: Our new factsheet showing how much each state will receive from the Coronavirus Relief Fund in the CARES Act ([link removed]) .
Download the PDF (3pp) ([link removed])
** Additional Resources
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› Make sure to bookmark our coronavirus response roundup ([link removed]) post, which we update regularly with our blogs, reports, statements, and tweet threads.
› We have updated our policy basics on unemployment insurance ([link removed]) and how many weeks of unemployment compensation are available ([link removed]) under the CARES Act.
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Contact: Caroline Anderson-Gray (mailto:
[email protected]?subject=CBPP%20Email%20Response) , 202-408-1080, Director of Digital Strategy
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