Wisconsin said it might still be able to sock away some revenue in its rainy day fund. This good news reflects in part the dire economic expectations of six months ago; even modest numbers look good now compared with the worst fears written into state budgets in the spring. And state officials say they’ll still need federal help, as they expect the pandemic’s effects to drag on for years and to batter local governments. Federal help, after all, is part of what has buoyed them so far. Republicans have characterized state aid as a bailout for profligate blue states.

Source: New York Times December 18, 2020 10:01 UTC