State budget hits due to coronavirus are trickling in and it"s not pretty

The oil and gas industry is responsible for about 16 percent of state revenue and tied to 77,000 jobs with $4.8 billion in wages a year......»»

California'.....»»

"The cruel nature of an economic downturn is that at the time of when you are in need of the social safety net is also the time when government revenues shrink," DeWine said in Tuesday's daily coronavirus briefing......»»

The coronavirus pandemic has disrupted seemingly everything about our normal routines, and the state’s budget process on Beacon Hill is no exception. Three of the unique challenges facing lawmakers warrant mentioning. First, the size of the probl.....»»

Associated Press/J. Scott Applewhite States were in good financial shape before the coronavirus pandemic. But they now face massive budget deficits. Without immediate federal aid, states .....»»

Layoffs, furloughs and other unpleasant cuts are on the way in D.C., Maryland and Virginia without a massive increase in federal coronavirus relief, according to some of the Washington region’s top budget minders. As the exact contours of the pa.....»»

States could experience crushing budget shortfalls worse than seen during the Great Recession as they grapple with the coronavirus crisis, experts are warning, as debate in Washington turns to the next round of emergency aid......»»

Already grappling with one of Brazil's most severe outbreaks of the novel coronavirus and a budget deep in the red, Rio de Janeiro state faces a potential threat to its solvency at the hands of investment giants PIMCO and Dodge & Cox......»»

New York’s coronavirus death toll has now topped 10,000 only about a month after the state recorded its first fatality, Gov. Andrew Cuomo said Monday. The state tallied 671 new deaths on Sunday. It... To view the full story, click the title link......»»

The California National Guard flew coronavirus hospitalizations, the governor's office said. “We couldn’t be more proud as a state to be sending those ventilators back East," Gov. Gavin Newsom... To view the full story, click the title link......»»

Colleges across the nation are scrambling to close deep budget holes and some have been pushed to the brink of collapse after the coronavirus outbreak triggered financial losses that could total m.....»»

Gov. Andrew Cuomo and state legislators reached a deal this week on a budget that would reduce spending as the state expects to lose billions of dollars in revenue because of the coronavirus. To stop the spread of the COVID-19 virus, many businesse.....»»

With the arrival of the April 1 deadline for the state's budget—which Gov. Andrew Cuomo warned yesterday could be "coronavirus crisis shuts down much of the state and sinks potential tax revenues—the... To view the full story, click the title link......»»

A with a 1,000-bed capacity arrived Monday at Pier 90 in Manhattan as the number of deaths in the state from the coronavirus<…; outbreak climbed quickly. Covid-19 continued to claim the lives of... To view the full story, click the title link......»»

As New York navigates the coronavirus<…; crisis, Gov. Andrew Cuomo and lawmakers are trying to find their way forward on a despite uncertainty about the size of the financial toll the outbreak... To view the full story, click the title link......»»

Brendan McDermid/Reuters We'll keep this page updated with the biggest coronavirus headlines of the day. Check back for updates.  Here's the latest: Wisconsin officials are moving full-speed-ahead with the state's .....»»

British budget airline easyJet said on Friday it would cancel flights and cut costs across its business after the coronavirus outbreak hit demand for travel to Italy and other European markets......»»

Gov. Charlie Baker proposed keeping some pandemic-era policies such as remote public meetings and expanded outdoor dining in place beyond the state of emergency's end......»»

When Quiana Daniels’ at-home fertility business was shut down due to Covid-19 restrictions last year, she pivoted to bringing highly needed coronavirus tests to people who couldn’t leave their homes. After the vaccines rolled out in the sta.....»»

Last week's revised state budget proposal could help accelerate development of one of Sacramento's biggest opportunity sites......»»