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Virus Leaves Economists Uncertain About Its Final Toll

Colin A. Young, Chris Lisinski & Katie Lannan4/14/20 4:56 PM

Experts like Massachusetts Taxpayers Foundation President Eileen McAnneny (on screen) joined a hearing via videoconference Tuesday on COVID-19's impact on state revenues and next fiscal year's outlook. Administration and Finance Secretary Michael Heffernan, Rep. Aaron Michlewitz, and Sen. Michael Rodrigues moderated the hearing from a State House conference room. [Photo: Sam Doran/SHNS]

As Massachusetts budget managers gathered Tuesday morning to begin to figure out how the coronavirus pandemic will affect the state budget picture, the International Monetary Fund published a report that made clear that the virus has created a global financial crisis that is expected to do more harm than the 2008 recession.

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