North Carolina Governor Roy Cooper and state officials discussed their plans for allocating federal funds from President Biden‘s $1.9 trillion American Rescue Plan Wednesday afternoon.

The funds are expected to go to schools, healthcare and other institutions affected by the pandemic. Here‘s how plans for some of it will be spent.

Treasury officials said the funds should not be used by state and local governments to cut taxes, pay down debt or bolster reserve funds.

— Fox 8 —

AND:  There is also reportedly $10 million for North Wilkesboro Speedway:

The money would have to be approved by the North Carolina state legislature.

Leave a Reply

Your email address will not be published. Required fields are marked *