Waste of the Day: $189 Billion In Pandemic Aid Can Be Used for Non-Covid Costs
kschneider2991, Wikimedia Commons
This story originally was published by Real Clear Wire
By Adam Andrzejewski
Real Clear Wire
Of the $325 billion given to states and local governments to help cover costs stemming from the effects of the Covid-19 pandemic, less than half of that has been spent. And instead of returning the taxpayer funds to the federal government, a new law from the Department of the Treasury allows states and local governments to spend that money on essentially anything.
The law also applies to an additional $25 million given to tribal governments ($20 billion) and U.S. territories ($4.5 billion).
Under the American Rescue Plan Act, which allocated the funds,
