States turn to cash reserves as coronavirus strains budgets

States across the U.S. are allocating hundreds of millions of dollars to respond to the coronavirus, even as the U.S. government prepares to send billions more their way. Many states have built up sizable stockpiles in their "rainy day" funds during several robust years of tax collections. Some governors and state lawmakers now are tapping into ...

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States turn to cash reserves as coronavirus strains budgets

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