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

Jason Saving

Southwest Economy, 2021, issue Third Quarter

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.

Date: 2021
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