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The U.S. mulls more Covid-19 bailouts for states
As parts of the U.S. government wrangle over another round of Covid-19 relief, one of the thorniest issues is whether to offer more aid to states and local governments. What has become clear, however, is that the funds already doled out should have easily covered the shortfalls in tax revenue they experienced. If states become overly reliant on federal money, it could undermine their ability to respond to the needs of their own citizens.