US states are sounding the alarm over the billions in revenue they stand to lose under the Trump administration’s broadscale government cuts and the impact of his trade policies.
In Maryland, the reductions are expected to cost nearly $350 million and led Moody’s Ratings to lower the state’s top-tier credit grade it had held for half a century. California officials say on-again, off-again tariff announcements have dampened the state’s economic outlook. Illinois, already facing fiscal strains, says Trump has made the situation worse. And New Mexico lawmakers are considering a special session to deal with the fallout from DC ...
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