Mar 10, 2021
How The New COVID Stimulus Bill Could Impact Business, Metro, And Child Poverty In The D.C. Region
The latest stimulus package, the American Rescue Plan, will direct more than $10 billion in state and local aid to D.C., Maryland, and Virginia.
D.C. would get direct state and local aid, as well as $755 million it was shortchanged when Congress approved the CARES Act last year.
Not only would the proposed cuts put a damper on economic growth, but they could also severely hamper economic recovery coming out of the pandemic.
The drastic service cuts, which would begin in July, may be avoided if Congress passes a new federal coronavirus relief package that includes public transit funding.
One public health expert says lack of funding could have devastating consequences for local health departments.
It’s unclear when the new benefits will kick in, due to federal regulations and administrative costs.
The $65.8 million in new funding will provide direct cash assistance to open child care programs, First Lady Pamela Northam said.
