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Federal Support Keeps State Budgets (Including Texas’) Healthy amid Tumult from COVID-19-Induced Economic Ills

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  • Jason L. Saving

Abstract

An unprecedented federal fiscal response to the COVID-19-induced recession in early 2020 helped prop up state government finances even among states whose tax and finance structures put them at particular risk during a downturn. A variety of programs helped individuals, firms and jurisdictions avoid what some feared would be a catastrophic collapse.

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  • Jason L. Saving, 2021. "Federal Support Keeps State Budgets (Including Texas’) Healthy amid Tumult from COVID-19-Induced Economic Ills," Southwest Economy, Federal Reserve Bank of Dallas, issue Third Qua.
    • Handle: RePEc:fip:feddse:93574
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