LA Gets Federal Assistance For Coronavirus Pandemic-Related Costs

Los angeles receives federal relief for coronavirus pandemic related costs.

The state of California is getting over $27,000,000,000 as federal aid, which includes $1,300,000,000 for LA, as per the COVID-19 relief law that President Joe Biden signed earlier this year.

 

The landmark bill, which Congress enacted with just the support of Democrats, directed the US Treasury Department to start delivering $350,000,000,000 as emergency financing for local, state, tribal and territorial governments in 60 days. The funding is to help offset costs associated with the responses of those governments to the epidemic. It is among the law’s elements that Republican Party members opposed to a large extent.

 

With the financing, communities that COVID-19 most affected could go back to an outward form of normalcy stated Secretary of the US Treasury Janet Yellen. The communities could hire essential workers such as firefighters, teachers, and others again, and could aid small enterprises in reopening safely, Yellen added.

 

Some funds are designated for localities and states with serious losses of revenue in the epidemic period. Anyhow, funding is available for US states that run surpluses, such as California, as well.

 

California has got the biggest financial aid out of all American states. As per the said law, DC and all US states get $500,000,000 and then more money on the basis of the unemployed resident count. Texas is getting $15,000,000,000, the highest amount after California.

 

President Biden stated that the cash infusion to US states would aid in child-care center reopening, plus it would assist working families in subsidizing child care costs. When addressing the White House’s members on May 03, 2021, Biden also stated that the one-off investment is an answer to an actual issue that the US economy faces now.

 

White House officials are not permitted to talk publicly about the matter. So, one of them anonymously told reporters that the funding is meant to tackle not only the pandemic-induced issues but also the ones the epidemic aggravated.

 

Referring to LA, that official stated that anybody who feels that the US city does not require further assistance in coping with homelessness and affordable housing should just ‘walk the streets’.

 

As for the official, the aim is to offer state and city governments funding in 2021 and 2022 to pay for until 2024 considerable improvements in the conditions that are not fundable through their standard budgets.

 

Many cities in Southern California will receive federal government assistance, including Santa Ana, Long Beach, Irvine, Pasadena, and Anaheim.

States may have the flexibility to use the funding, but it is not useable for them for government tax cuts. Under that law, Congress prohibited that form of cost-shifting from taxpayers in the states to the US federal budget, underlined that official.