States and cities across the U.S. are scrambling to draw millions of dollars from their reserves to help cover coronavirus-related expenses, while also bracing for steep tax-revenue declines
Minnesota lawmakers have approved more than $220 million to tackle the coronavirus. Washington state is tapping $175 million in reserves to test for the virus and treat patients. And Philadelphia’s city council is considering holding a teleconferenced public hearing so $85 million can be freed up to help combat the pandemic.
States and cities across the U.S. are scrambling to quickly draw millions of dollars from their reserves to help cover coronavirus-related expenses such as testing and unemployment insurance, while also...
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