Biden administration launches $350 billion COVID-19 payments for state and local governments
Monday, May 10, 2021 | Tag Cloud Tags: covid-19, Joe Biden, News, Washington, White House, Worthy News | Learn about out FREE SYNDICATION
(Worthy News) – The White House unveiled plans Monday to provide federal funding to state and local governments attempting to build their economies in the wake of the COVID-19 pandemic.
The $350 billion that will be paid out is part of President Joe Biden’s $1.9 trillion American Rescue Plan and provides emergency funding intended to fill revenue shortfalls and support communities that have suffered ill economic effects, the administration said on Monday.
A senior administration official said that the funds will begin being disbursed in the coming days and that states, local governments, municipalities, and tribal governments will be able to request funding through a Treasury Department portal. [ Source: Washington Examiner (Read More…) ]
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.