(CNN) State and local officials have pleaded for more federal assistance for months as the Covid-19 pandemic drags on, but Congress appears to be tuning them out. "There is a lot of money that's going to have to come from somewhere to plug these state and local budget holes," White said. State revenues fall amid pandemicStates are seeing tax revenues slide amid elevated unemployment and depressed spending amid lock downs and other coronavirus safety measures. Personal income tax revenue slipped 2.7%, corporate income tax revenue fell 6.3% and sales tax revenue dropped 3.8%. Local officials also expressed dismay that Congress' relief package wouldn't throw them a financial lifeline.
Source: CNN December 19, 2020 17:03 UTC