Markets so far remain calm, as the government can temporarily rely on accounting tweaks to stay open.
The forecasts will serve as a starting point for lawmakers tasked with re-balancing the budget when the Legislature reconvenes in 2021.
The pandemic is taking its toll on Americans, taking 200,000 lives since it began.
Governor Sisolak released the Nevada COVID-19 Fiscal Report on Monday, along with details about the Fiscal Year 2021 budget ahead of the Nevada Legislative Special Session.
The U.S. economy entered a recession in February, a group of economists declared Monday, ending more than a decade of steady if slow growth.
Nevada's senior senator says the country has to address what she called systemic racism.
California Gov. Gavin Newsom is proposing to cut $6.1 billion from a variety of programs as part of next year's budget. He says the budget prioritizes public education, public health and public safety.
Officials say on Thursday morning, Nevada Senator Catherine Cortez Masto announced her endorsement of Joe Biden for president.
Congressional lawmakers and administration officials are pushing for a massive economic lifeline to keep American households and businesses afloat in spite of the weight of the new coronavirus.
President Trump says the U.S. stands with Greece as they recover from their economic crisis. He is speaking with Prime Minister Alexis TsiprasĀ at the White House in a joint news conference.