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Biden’s stimulus may have just saved NYC — and countless state and local governments

Snowballs, New York City

Summary List Placement

An ominous question lingered over much of 2020 and early 2021: What will happen to all the cities and states facing huge revenue shortfalls from the coronavirus recession?

Most famously, some commentators have gone so far as to say 2020 killed New York City, a metropolis in which interpersonal contact is a fact and a way of life. Some Wall Street executives voted with their feet late in the year, moving to Florida along with some of their operations.

The recently signed $1.9 trillion stimulus may have just solved the issue, pumping details ⇒

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