December 21, 2020      4:32 PM
Sen. Cornyn lays out what is expected on unspent CARES Act funding; says Abbott asked for extension
“So, any of that CARES Act money that state the state or local governments got, they now will have another year to spend it hopefully in a more effective and reasonable way,” Cornyn told reporters
The final appropriations
bill of the year will include language giving states – like Texas – another
year to spend funding appropriated under the CARES Act.
Texas sits on $2 billion
in unspent federal funding. That’s a fraction of the
$11.4 billion the state was funded for COVID relief, and a tiny sliver of
the $137.1 billion the feds sent to Texas, mostly to businesses and
Advocates will support an
additional year the bill gives for spending. Critics may say it is another way
for Texas to take money intended for local support and use it to shore up
shortfalls in the state’s upcoming budget.