States across the U.S. are allocating hundreds of millions of dollars to respond to the new coronavirus, even as the U.S. government prepares to send billions of more dollars their way.
Trump announced Friday that he would free up as much as $50 billion for state and local governments to respond to the outbreak.
But many states already have taken steps to pitch in their own money.
Some are pulling money out of their rainy day funds for emergency expenses.
Others are looking to place more in reserves in case the economic uncertainty caused by the new coronavirus leads to a downturn in state tax revenues.
