WASHINGTON—The Biden administration will begin distributing $350 billion to state and local governments this month, giving them money to pay for pandemic-related costs, fill revenue shortfalls and pay for water, sewer and broadband projects—but not to cut state taxes.
Money could start flowing to states, local and tribal governments within days, senior administration officials said Monday. “These governments have endured unprecedented strains, forcing many to make untenable choices,” said Deputy Treasury Secretary Wally Adeyemo. The Treasury Department is also releasing rules that spell out how state and local governments can use the money—and how they can’t. The most controversial piece is a prohibition on using the money to pay for state tax cuts.. Administration officials said they were trying to implement Congress’s intent to prevent indirect federal funding of state tax cuts.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden administration reverses Trump-era policy that blocked undocumented students from pandemic aidThe Biden administration is expanding eligibility for pandemic relief aid to include undocumented and international college students, reversing a Trump-era policy that blocked them from receiving federal emergency grants Great initiative Watch 'Israel unrest: Hamas launches rocket attack on Tel Aviv' on YouTube 13 storybuilding collapses. Thousands injured by tons of Hamas rockets. Babies and women dying everywhere.
Source: CNN - 🏆 4. / 95 Read more »
WSJ News Exclusive | Biden Administration to Name Thea Lee to Top Labor Department PostThe former AFL-CIO trade official will oversee the department’s international affairs division, including a bureau that investigates labor rights, forced labor and child trafficking around the globe. Thank God for bringing bitcoin to man,it has being a great source of blessing to all of man kind who have passion for bitcoin trading. Now the poor are getting rich over night and the rich getting richer. MALYAROVALARA_ thank you for your proper management . BSAs Biden and Labor Secretary Marty Walsh doing a bang up job. General Motors announces they will build a $1 billion auto plant building electric cars in Mexico. So much for high paying green American jobs. Note the Dem biased media has buried this story.
Source: WSJ - 🏆 98. / 63 Read more »
Biden administration reverses Trump policy that limited transgender health care protectionsThe Biden administration is reversing a policy introduced under former President Donald Trump that limited health care protections for transgender people. The Department of Health and Human Services is now saying that federal law does protect gay and transgender people against health care discrimination.
Source: MSNBC - 🏆 469. / 51 Read more »
As More Americans Get Vaccinated, Biden Administration Looks to Ease Covid-19 Restriction GuidanceBiden administration officials said the U.S. is entering a new phase of the pandemic in which many vaccinated Americans can begin returning to normal activities and signaled that the federal government will further relax mask requirements
Source: WSJ - 🏆 98. / 63 Read more »