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Investigation: Waste of the Day – $189 Billion In Pandemic Aid Can Be Used for Non-Covid Costs

By Adam Andrzejewski

Will Donald Trump win the 2024 election?

Investigation by Adam Andrzejewski originally published by RealClearInvestigations and RealClearWire

Of the $325 billion given to states and local governments to help cover costs stemming from the effects of the Covid-19 pandemic, less than half of that has been spent. And instead of returning the taxpayer funds to the federal government, a new law from the Department of the Treasury allows states and local governments to spend that money on essentially anything.

The law also applies to an additional $25 million given to tribal governments ($20 billion) and U.S. territories ($4.5 billion).

Under the American Rescue Plan Act, which allocated the funds, state and local governments must obligate the funds before the end of 2024. The new rule allows governments to count funds as obligated if they are merely reported to the Treasury by April 2024.

In other words, if states and local governments and the other entities haven’t needed to spend all the money they received for pandemic relief, they can just say it’s been obligated and keep it.

The 50 states and Washington D.C. received $195 billion, and local governments received $130 billion, according to the U.S. Government Accountability Office.

States only spent 45% of the pandemic aid ($88.2 billion) they were given, and local governments only spent 38% ($47.9 billion). That leaves $189 billion of unspent funds that can be used for whatever these governments want, including updating swimming pools, golf courses and sports stadiums at a time when the country’s national debt has exceeded $33 trillion.

Critics have referred to it as a President Joe Biden “slush fund” that allows states and local governments to go on spending sprees with money that was supposed to be for emergency pandemic relief.

“Treasury’s ‘Hoarding Rule’ is an outright abuse of power and should be immediately reversed,” the Economic Innovation Policy Center said. “Congress should assert its intentions. Stakeholders (including taxpayers) should engage in the notice and comment period, which is set to end on December 20,2023, regardless of the rule already taking effect.”
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By Adam Andrzejewski – The #WasteOfTheDay is brought to you by the forensic auditors at OpenTheBooks.com

This article was originally published by RealClearInvestigations and made available via RealClearWire.

Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with CloutHub.com, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a BlazeTV.com host, Outreach Director with FreedomWorks.org overseeing its Empower.org outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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