States Run Up Against Deadline To Spend COVID Aid

The video discusses the new coronavirus aid package, focusing on direct payments to Americans and state funding for various needs. It highlights the CARES Act, which allocated $150 billion to state, local, and tribal governments with a spending deadline of December 30th. States faced challenges in utilizing these funds due to uncertainty and procedural delays. Congress extended the deadline to December 31st, 2021, but a potential veto by President Trump could revert the deadline, forcing states to find alternative funding sources.

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