Fraction of Biden's $128B education relief plan would go toward schools in 2021, CBO estimates

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 comparatively small outlay for fiscal year 2021, which runs through Sept. 30, 2021, is expected because previously allocated money has not yet been spent. Congress previously approved $31 billion for education relief in the March CARES Act and an additional $82 billion for education relief in the December Consolidated Appropriations Act.