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Many state governments in the U.S. are working with less room in their budgets. The federal government put over $800 billion to help state governments navigate the pandemic. Virtually every state also increased employee pay for public employees," said Justin Theal, a senior officer at The Pew Charitable Trusts' Fiscal 50 project. Emerging risks, including an aging population, deferred maintenance on infrastructure and more extreme weather threaten state budgets moving forward. Watch the video above to learn more about the fiscal health of state governments.
Persons: Justin Theal, Oliver Giesecke Organizations: Charitable, Stanford University's Hoover Institution Locations: U.S, Connecticut , New Jersey , Illinois , Massachusetts, California
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