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DeminPennswoods

(15,278 posts)
13. The Fed's emergency lending powers have to be kept,
Sun Dec 20, 2020, 10:02 AM
Dec 2020

buy 429B unspent of 500B authorized is a lot left over. It's smart to apply those unspent funds to this bill under a different allocation.

I wonder how much of the 3T CARES Act money is still unspent. I know in Pennsylvania, the state legislature grabbed 1.3B of unspent CARES money to plug a hole in the state budget. Why wasn't this money spent when it was allocated? I'm sure it could have helped many businesses, especially in the hospitality segment, survive the various restrictions that have been and are being imposed on them if they'd gotten it upfront.

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