LIVE UPDATES: Joe Biden's education relief plan would see fraction go toward schools this year, CBO estimates
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The CBO estimates that the number would increase to $32 billion in 2022 and 2023, respectively.
The $128.5 billion in Biden's American Rescue Plan would mainly flow as grants to state and local education agencies to distribute. 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. Follow below for more updates on the Biden White House. Mobile users click here.
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