President Biden’s COVID-19 relief package would put $128 billion toward helping K-12 public schools deal with the coronavirus pandemic, but the nonpartisan Congressional Budget Office estimates that just $6 billion would flow to schools in 2021.
The CBO estimates that the number would increase to $32 billion in 2022 and 2023, respectively. The rest of the money would be paid out through 2028, according to a cost estimate released Monday.
The comparatively small outlay for the fiscal year 2021, which runs through Sept. 30, 2021, is expected because previously allocated money has not yet been spent.
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