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Washingtonian: DC Has a Surprise $552 Million Budget Surplus Despite Covid. What Gives?

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16

Though the covid pandemic has hammered the Washington region’s economy, the DC government finished its 2020 fiscal year with a surplus of more than half a billion dollars. How is that possible? What does it say about about the local economy? We put those questions to Yesim Taylor, the executive director of the DC Policy Center.

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