Governors Seek $500 Billion For Shortfalls as Congress Squabbles

(Bloomberg) -- U.S. governors are urging Congress to give states $500 billion in “stabilization funding” to meet budget shortfalls resulting from their efforts to stem the spread of coronavirus.Maryland’s Larry Hogan and New York’s Andrew Cuomo said in a statement on Saturday that the state-at-home orders most states have implemented were necessary to protect the public but hurt states’ economies.Hogan, a Republican, and Cuomo, a Democrat, are chairman and vice-chai