Cryptocurrency Q&A How much money did California get from the American Rescue Plan?

How much money did California get from the American Rescue Plan?

KatanaGlory KatanaGlory Fri Jul 26 2024 | 6 answers 1555
Could you please elaborate on the financial allocation to the state of California from the American Rescue Plan? Specifically, I'm curious to know the exact amount of money California received and what initiatives or programs it plans to fund with these funds. Additionally, are there any conditions or restrictions on how these funds can be utilized? How much money did California get from the American Rescue Plan?

6 answers

MatthewThomas MatthewThomas Sun Jul 28 2024
These funds are intended to help the state cover costs incurred during the period from March 3, 2021 to December 31, 2024.

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Eleonora Eleonora Sun Jul 28 2024
The primary aim of these funds is to mitigate the impacts of the COVID-19 pandemic on the state's economy and its citizens.

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SeoulStyle SeoulStyle Sun Jul 28 2024
Among the allocated funds, $27 billion has been designated specifically as state fiscal recovery funds.

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Martina Martina Sun Jul 28 2024
California has been allocated a significant amount of funds from the American Rescue Plan Act of 2021, totaling over $43 billion.

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mia_rose_painter mia_rose_painter Sun Jul 28 2024
These fiscal recovery funds will be utilized to support various initiatives aimed at restoring the state's financial stability and promoting economic growth.

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