Lion’s share of Biden’s COVID relief funds delivered to states, local governments

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By Andrea Shalal WASHINGTON (Reuters) – Two years after enactment of U.S. President Joe Biden’s $1.9 trillion American Rescue Plan (ARP), the program has delivered over 10.3 million payments to renters in need and aided more than 30,000 state and local governments, data showed on Monday. Treasury said 99% of the $350 billion of ARP money set aside for state and local authorities and Tribal governments has been delivered, and states have already budgeted for 90% of those funds, although funds may flow out over time. New Treasury data through the end of December show that $24.3 billion has been …

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