Can the US economy recover from coronavirus if the budgets of its states are a fiscal disaster?

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Apr 28 2020

By Jim Puzzanghera, MSN News

The Massachusetts Taxpayers Foundation, a budget watchdog group backed by businesses, estimated the state’s revenue for the next fiscal year could drop $3.9 billion, or 15 percent, below past projections. New York said revenues could fall by as much as $15 billion in its fiscal year that started April 1. Illinois is expecting more than $7 billion in lost revenue through July 2021.
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