To do so would reduce the burden on state and local budgets as a result of lost revenue and mitigate the need for additional state and local funding currently being discussed as part of any potential future federal legislation.
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The PA GOP Congressional Delegation today asked @USTreasury for new guidance on the Coronavirus Relief Fund that would serve the dual purpose of ensuring no county or municipality is left out of federal #COVID19 relief funding and provide flexibility to state governments.pic.twitter.com/VD6rXmrbeA
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The federal government has appropriated $3 trillion of taxpayer money to provide relief during the COVID-19 pandemic, including $150 billion to states and local governments in the Coronavirus Relief Fund.
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This necessary funding has already increased our deficit and burdened future generations with paying off our growing federal debt.
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As Congress considers new legislation to combat COVID-19, we should not be sending unrestricted cash payments to states to bail out their long-standing debt.
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Prior to COVID-19, and despite a strong economy, the PA Independent Fiscal Office’s Nov. 2019 report found that PA was already running a half-billion dollar deficit at the end of 2019 and that they would need almost $1 billion to balance its budget for the upcoming fiscal year.
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The guidance we are requesting from Treasury will ensure local governments get the funding they need and the state and local governments have the flexibility to use already appropriated federal money to help mitigate the revenue impacts brought about by COVID-19.
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It will also ensure the Trump administration and state legislatures can play a critical oversight role in the effective and appropriate distribution of these dollars.
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End of conversation
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If it had been up to
#MoscowMitch there would have been NO oversight. The Democrats insisted on an IG who was then, surprise, surprise, fired by your dear leader. You are aware we can read AND comprehend?pic.twitter.com/n3H9du6ZAyThanks. Twitter will use this to make your timeline better. UndoUndo
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