Special Briefing: The Impact of COVID-19 on the Fiscal Outlook of State and Local Governments

Penn IUR and the Volcker Alliance invite you to attend an online briefing to discuss strategies for surmounting the severe fiscal challenges that the coronavirus pandemic is posing for U.S. states and municipalities.

Moderated by William Glasgall, Volcker Alliance senior vice president and director of state and local initiatives, and Susan Wachter, Co-Director of Penn IUR, this briefing will be the first in a series of 60-minute online conversations featuring experts from the Volcker Alliance’s national research network and Penn IUR, along with other leading academics, economists, and fiscal policy leaders from around the U.S.

In addition to the moderators discussing strategies that cities and states will be employing and programs at risk of being cut, this special briefing will feature Thomas W. Ross, president of the Volcker Alliance, introducing the virtual panel series; Richard A. Ravitch, former New York State Lieutenant Governor, discussing strategies for dealing with fiscal stress; and Matt Fabian, partner and head of market and credit research at Municipal Market Analytics, discussing borrowing needs of states and localities and the municipal bond market’s response.