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https://www.wsj.com/articles/tax-revenue-blue-states-covid-new-york-thomas-dinapoli-kathy-hochul-california-948562e5

The Blue State Budget Blues

The fiscal crash arrives following years of profligate spending.

By The Editorial Board
Wonder Land: Republican presidential hopefuls Ron DeSantis, Mike Pence, Nikki Haley, Tim Scott, Chris Christie, Vivek Ramaswamy and maybe even Donald Trump are united on spending. All offer a much safer future than the alternative. Images: Reuters/Zuma Press Composite: Mark Kelly

We hope progressive states enjoyed their Covid spending party while it lasted. Now arrives the hangover as federal largesse ebbs and tax revenue falls from unsustainable heights.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.