Billions in pandemic relief flows in Colorado with little oversight
The massive chunk of federal pandemic relief for Colorado is landing directly in local government bank accounts with essentially no strings attache...
The massive chunk of federal pandemic relief for Colorado is landing directly in local government bank accounts with essentially no strings attached. Why it matters: The unprecedented, one-time infusion raises major questions about how it is spent and whether it will generate the economic stimulus promised. Driving the news: Colorado cities and counties are set to receive $1.7 billion of the $3.8 billion earmarked for the state in the American Rescue Plan Act, U.S. Treasury figures show. Even the smallest counties are getting at least $10 million, a potentially game-changing sum for rural areas.