Commentary: Enormous Amounts of Money Flow into the Bottomless Education Pit

Spurred by COVID panic, schools have been the recipient of ungodly sums of money. And it’s not as if the beast was starving before. To put things into perspective, the United States spends about $800 billion on national defense, more than China, Russia, India, the UK, France, Saudi Arabia, Germany, and Japan combined, according to the Stockholm International Peace Research Institute. America now spends even more on K-12 education, with an outlay of about $900 billion dollars a year, which includes an additional $122 billion from the COVID-related American Rescue Plan. 

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Think Tank: Detroit’s ARPA Spending Unsustainable

Detroit skyline at night

Nine years after declaring bankruptcy, the city of Detroit received more than $826.7 million in one-time federal stimulus money but still projects a deficit in fiscal year 2027.

A Citizen’s Research Council of Michigan (CRCM) report says the city’s plan to spend one-time dollars on recurring programs is unsustainable.

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Iowa Leaders React to Biden Administration’s $1 Billion for Expanding Independent Meat and Poultry Processing Capacity

Inside of a butcher shop with meat hanging up

The Biden Administration announced Monday it will spend $1 billion in American Rescue Plan Act funds to increase independent meat and poultry processing capacity.

The administration will invest $375 million on independent processing plant projects that fill a need for diversified processing capacity, spend up to $275 million in working with lenders to increase availability of loans, particularly to underserved communities, for independent processors, and spend $100 million to back private lenders investing in independently owned food processing and distribution infrastructure to move product through supply chain.

It will spend and additional $100 million to support training, safe workplaces and jobs in meat and poultry processing facilities, $100 million in reducing overtime and holiday inspection costs for small and very small processing plants, and $50 million to provide independent business owners and producers with technical assistance and research and development.

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Senate Democrats Publicly Release $3.5 Trillion Filibuster-Proof Budget Reconciliation Resolution

Senate Democrats have publicly released their $3.5 trillion, filibuster-proof budget reconciliation resolution.

The draft of the legislation released on Monday includes new spending programs that the White House has labeled “human infrastructure,” such as universal pre-K, childcare support and tuition free community college.

The spending total is estimated over a 10-year period. Using budget reconciliation allows the Democrats to pass the measure without votes from Republicans in the 50-50 Senate. Democrats used the same process in March to pass President Biden’s $1.9 trillion pandemic stimulus package called the American Rescue Plan Act.

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