Treasury Department: States, Local Governments Spend Only 25 Percent of CARES Act Subsidies

As deliberations continue in Congress over how to allocate another $1 trillion worth of stimulus money, governors and mayors say they need more than the $139 billion already allocated to their states in March to cover revenue shortfalls.

A total of $150 billion was allocated to help state, local and tribal governments with specific COVID-19 response programs.

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