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Tax Windfalls Drive States to Unlikely Role in U.S. Recovery

America’s governors aren’t waiting for Washington to stimulate their economies. Faced with unexpected budget surpluses after tax revenue held up better than anticipated during the pandemic, governors in more than half a dozen states are taking steps to help small businesses or provide cash to residents thrown out of work.

U.S. Needs More Robust Taxes, Services, Harvard’s Rogoff Says

Harvard University Professor Kenneth Rogoff discusses the fiscal state of the U.S., dealing with deficits and spending, and his skepticism of Bitcoin. He speaks on “Bloomberg Surveillance.”

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