States faced financial ruin. Now they’re swimming in cash.

Jul 7, 2021 · The Fifty. States faced financial ruin. Now they’re swimming in cash. Governors and lawmakers who months ago faced deep budget cuts have an unusual query: How to spend …

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State Budget: Latest News, Top Stories & Analysis - POLITICO

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States faced financial ruin. Now they’re swimming in cash. By KATHERINE LANDERGAN. 07/07/2021 04:31 AM EDT. California. California budget contains $1.2B in legislator earmarks. …

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State And Local Governments See Rebound After Billions Of Dollars …

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Jan 28, 2022 · State and local governments lost at least $117 billion of expected revenue early in the pandemic, according to an Associated Press analysis, but many are now awash in record …

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How Some American States’ Finances Have Survived The Pandemic

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Apr 17, 2021 · That year has now come and gone, and California instead has a $15bn surplus, equivalent to about 7% of its budget for 2020. It is so flush with cash that its constitution …

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NJ Pension Fund Is Crossing The Tipping Point - Bergen Record

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Dec 15, 2021 · As a result, New Jersey’s problem has grown faster than other states: nationally, unfunded state and local government pension liabilities remained roughly stable at about $1 …

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Cash For Cars North Bergen, NJ | Up To $17,900 - Wheelzy

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We pay cash for junk cars anywhere in North Bergen New Jersey! Call or click to get an instant cash offer now! Call Us Today (855) 294-0940 ... We don’t want them driving around North …

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FAQs about States faced financial ruin. Now they’re swimming in cash. Coupon?

Are states currently swimming in cash?

States faced financial ruin but now they're swimming in cash. Governors and lawmakers who months ago faced deep budget cuts have an unusual query: How to spend bundles of money. ...

Are state lawmakers facing a looming deficit?

In some cases, they’re also seeing record surpluses vanish — and transform into looming deficits. It means state lawmakers and governors of both parties will face increasing political peril as they navigate rougher financial conditions. “We cannot spend money we do not have. ...

Why did state budgets swell 30 percent over a three-year span?

State budgets swelled by roughly 30 percent over a three-year span as the country grappled with fallout from the public health crisis and Congress handed out federal funds to governments across the country. ...

Are state Treasurers still a headache during the recession?

Despite the time period from April 2020 through March 2021, actual revenue collections are still below what they were a year earlier in 17 states. This unusual recession has created a challenge for state treasurers. ...

What's going on with Massachusetts' economic news?

Still, the increasingly grim economic news for state policymakers has continued to emerge in recent days. Massachusetts Gov. Maura Healey announced this week that she intends to make about $375 million in unilateral budget cuts due to six straight months of revenues falling short of projections. ...

Can state policymakers tighten the pursestrings?

Even so, state policymakers now face the politically challenging task of tightening the pursestrings. The most eye popping example of this economic reversal is California: A nearly $100 billion surplus in 2022 has morphed into a deficit projected to be as high as $68 billion over two years. ...