States and the District of Columbia have allocated about 73% of the roughly $350 billion given out through one federal COVID-19 relief program and spent about 53% of that money as deadlines for using it approach.
When Congress passed the American Rescue Plan Act of 2021, it created the Coronavirus State and Local Fiscal Recovery Funds program.
The U.S. Treasury allocated $350 billion in State and Local Fiscal Recovery Funds to tribal governments, states, the District of Columbia, local governments and U.S. territories. The money was to help cover a broad range of costs stemming from the pandemic, including revenue replacement.
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Author: Marty Kaufmann
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