State Aid in American Rescue Plan Act Is 116 Times States’ Revenue Losses

The American Rescue Plan sets aside $350 billion in additional state and local aid, but has no real connection to actual needs. Where states are struggling, however, is with the intense demands on their unemployment compensation systems. If Congress wants to do something meaningful to help states revenue needs, they should start here. Enhancing the solvency of unemployment trust funds meets a real need. A $350 billion bailout package when state revenues are flat does not. Read More

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