Cities and States Desperate for Cash Raise Alarm for Federal Help – Bloomberg

Transit agencies, including Chicago's, are facing multi-billion-dollar shortfalls and potentially credit rating downgrades from Moody’s Investors Service as the virus has decimated ridership. And the governors of New Jersey, New York, Connecticut, Pennsylvania and Illinois have called for hundreds of billion of dollars to help cover their costs to combat the virus, demanding that the federal government step in to help.