CBPP Again Updates COVID-19 Revenue Shortfall Projections
Citations: States Continue to Face Large Shortfalls Due to COVID-19 Effects
SUMMARY BY TAX ANALYSTS
The Center on Budget and Policy Priorities reported that state budget shortfalls will total $555 billion for fiscal years 2020 through 2022 because of COVID-19 disruptions, which is higher than its April projection, but lower than its June projection.