America Counts: Stories Behind the Numbers

How Did CARES Act Funding Impact State Revenues, Spending?

The CARES Act, passed on March 27, 2020, provided funding to state governments for COVID-19 relief for only the last three months of fiscal year 2020, but even so, it seems to have had a major impact on some states? finances compared to 2019.

The U.S. Census Bureau?s?Annual Survey of State Government Finances?captures the effect of the CARES Act funding and offers a glimpse of its impact on government finances.

For example, as a result of the additional funding for April, May and June of 2020, eight states saw more than a 50% increase in government funding. Nine states increased health expenditures by more than 20%, three of them by more than 50%. Continue Reading...

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About America Counts

America Counts tells the stories?behind the numbers in a new inviting way. It features stories on various topics such as families, housing, employment, business, education, economy, emergency management, health, population,?income and poverty.?Contact our?Public Information Office?for media inquiries or interviews.

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