CTLawyer, you are right – some states won, some lost, with -0.4% on average accordin to today’s WSJ. Here is their list from the bottom up to -2%: several big R- states among quite some of D-s:).
Alaska Oregon Hawaii North Dakota Nevada (-9) Florida (-8) Texas (-7) Montana Louisiana Oklahoma (-4) West Virginia Minnesota Connecticut (-2) New Hampshire Pennsylvania New York
here is the top down to +3%, not overwhelmingly D- or R-:
Arizona (-40) Nebraska (-12) Rhode Island Vermont Alabama Colorado South Dakota Utah Idaho
I am not sure what is a fair way to help out several bottom states, maybe by supporting their struggling industries, looks like hospitality and oil?, or by indeed giving all states some reasonable amounts. Total US state revenue is $2.1T, local is $1.6T. So, $400B would be 10% of their total budget. This seems out of proportion of the problem – there are only 7 states with this type of reduction.