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The Center on Budget and Policy Priorities said bankruptcy "could significantly raise states' cost of issuing bonds to pay for major transportation projects and other investments that boost the economy."
April 24 -
The state's tough budget position was underscored by an agreement with noteholders to extend a $750 million maturity while paying them higher interest.
April 24 -
In a voluntary market notice, Florida outlines its actions to address the public health crisis caused by COVID-19.
April 23 -
State Comptroller Thomas DiNapoli warns of multi-year budget hits from virus with more federal aid needed to fill the gaps.
April 22 -
Financial strains from COVID-19 were the primary factor in downgrading the state to A-minus from A. The outlook was revised to negative from stable.
April 21 -
The state doesn't expect any short-term borrowing to cover the current fiscal year, Gov. Ned Lamont said.
April 21 -
Sales taxes are a pillar of the Texas state budget, and the usually stable revenue source has taken a hit from the COVID-19 pandemic.
April 20 -
The $500 billion SMART Fund would be divided equally into thirds based on population, COVID-19 cases and state revenue losses.
April 20 -
Phil Murphy is developing an emergency borrowing plan to combat revenue loss amid the coronavirus pandemic.
April 20 -
Gov. J.B. Pritzker laid out revised revenue estimates for the fiscal 2020 and proposed 2021 budgets.
April 15