Analysts Expect Normalization of Budget Expenditures After COVID-19 Pandemic

According to the latest report from Fitch Ratings, U.S. state budget expenditures have returned to normal levels after a sharp rise and subsequent fall caused by the COVID-19 pandemic. An examination of financial sources has shown that after several years of increasing budget deficits and soaring state expenditures to deal with the crisis, most states are now facing more stable and predictable financial conditions.

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