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The COVID Bailout of State and Local Governments
Was Unnecessary

Original Article

Posted By: Ketchuplover, 10/14/2023 8:51:53 PM

Two years after Congress authorized a hugely expensive bailout of state and local governments as part of a COVID-era emergency spending bill, most of the money still hadn't been spent. Perhaps the bailout wasn't even needed in the first place? In a new report, the Government Accountability Office (GAO) found that states (including Washington, D.C.) had spent just 45 percent of the funding they had received through the Coronavirus State and Local Fiscal Recovery Funds program, a $350 billion line item within the $2 trillion American Rescue Plan Act (ARPA), which passed in March 2021. Local governments had reported spending just 38 percent of their funds received through the same program.

Comments:

Much of the money that WAS spent went towards ball fields, govt golf courses, state tourism promotion, and the paychecks of govt. employees.

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Reply 1 - Posted by: Scribelus 10/14/2023 9:23:41 PM (No. 1577532)
Whenever large sums of gummint money are exchanged skim, baksheesh and vigorish are activated. That’s why the so-called bailouts were necessary. After all, this is Biden World.
7 people like this.

Reply 2 - Posted by: jalo1951 10/14/2023 9:41:31 PM (No. 1577538)
Then tell them they must send it back. So why are my state taxes so high if they are swimming in money? This sucks.
8 people like this.

Reply 3 - Posted by: Northcross 10/14/2023 9:45:22 PM (No. 1577543)
Time for a rebate to every American taxpayer. Who will resurrect the "Golden Fleece" awards?
6 people like this.

Reply 4 - Posted by: MickTurn 10/14/2023 9:47:22 PM (No. 1577545)
Every big money bill in Congress is solely to PAY OFF Cronies!
8 people like this.

Reply 5 - Posted by: DVC 10/14/2023 11:23:23 PM (No. 1577595)
Of course it was. One Virginia city used some of their Wuhan flu bux to buy a commercial building, nothing remotely related to health care.
6 people like this.

Reply 6 - Posted by: rochow 10/14/2023 11:36:42 PM (No. 1577598)
Well, nothing to see here, some of it will find its way to accounts that belong to the resident in the WH and his family. Nothing new here.
5 people like this.

Reply 7 - Posted by: felixcat 10/15/2023 9:59:50 AM (No. 1577782)
My small Virginia town used the money to buy new vehicles for all the town employees, a horse grounds used for events and the last batch for "affordable housing."
1 person likes this.

Reply 8 - Posted by: LC Chihuahua 10/15/2023 10:29:48 AM (No. 1577804)
How much of the money went towards Democratic 'election' efforts. Buying votes and engineering fraud takes money!
0 people like this.

Reply 9 - Posted by: franq 10/15/2023 12:08:25 PM (No. 1577860)
Spend all ya want, we'll print more.
0 people like this.

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Posted by Ketchuplover 10/14/2023 8:51:53 PM Post Reply
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