Home > Uncategorized > Second Wave of Bad Economic News for States and Schools is Inevitable

Second Wave of Bad Economic News for States and Schools is Inevitable

August 3, 2020

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NPR has aggregated information on state revenues for the second quarter of the year… at it isn’t a pretty picture! On average state revenues are down 29% and several states have already started to make cuts and announce layoffs in anticipation of even worse news in the future. Meanwhile Congress remains at an impasse with the GOP and the President dead set against “bailing out” the state and local governments while propping up private corporations who are losing revenue because of the pandemic.

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