Stressed U.S. Cities See Slim Shot at Covid Relief After Shutout

Investing.com | Sep 30, 2020 at 2:00 AM
  • Syracuse, New York, is negotiating with unions to furlough almost all of its more than 300 public-works employees.
  • On Monday, House Democrats released their latest plan, a $2.2 trillion package with $436 billion for one year of aid to state and local governments.
  • Syracuse forecasts its revenue to fall $41 million during fiscal years 2020 and 2021 because of hits on sales taxes and reduced state aid.