U.S. Treasury says disbursed $700 billion of COVID-19 relief funds By Reuters
WASHINGTON (Reuters) -The U.S. Treasury on Thursday stated it had disbursed about $700 billion of $1 trillion in COVID-19 aid packages administered by Treasury within the first six months for the reason that American Rescue Program (ARP) was signed into regulation.
Most of that cash, $450 billion, was paid on to households and households, by means of Financial Affect Funds totaling greater than $400 billion, youngster tax credit totaling greater than $46 billion, and greater than $5 billion in rental help going out. Treasury stated it has additionally despatched $240 billion to assist state, native and tribal governments.
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