Yesterday The Daily Signal posted an article about how the money from the coronavirus stimulus package has been distributed.
The article reports:
The 591-page American Rescue Plan Act also changed Congress’ normal formula for appropriating money. Rather than scaling funding by population, the measure awarded taxpayer dollars based on which states had the highest unemployment rates in the fourth quarter of 2020.
That shifted $31 billion in funding, according to Open the Books’ analysis, so that 27 states gained by the allocation change and 23 states lost money they would have gotten from the normal formula.
“There is a $31 billion shift and it has shifted to blue states,” Adam Andrzejewski, CEO of Open the Books, told The Daily Signal. “The big winners were California, New York, Illinois, New Jersey. Obviously Florida, which kept their economy open [under] Gov. Ron DeSantis, they continue to flourish. They lost money on that allocation change.”
I would like to remind anyone reading this that no Republicans voted for this bill. When you look at how the money has been allocated, the reason for that becomes obvious. States that were fiscally responsible were short-changed. States with already bloated spending were rewarded. Essentially bad behavior was rewarded and encouraged.
The article cites a few examples of how the money was misspent:
DeSantis (Ron DeSantis, Governor of Florida) is a Republican. Under the congressional legislation, $10.1 million went to Key West, Florida, even though the state as a whole didn’t fare so well. Other wealthy conclaves receiving federal tax dollars include Oyster Bay, New York, which got $32.7 million, and Cambridge, Massachusetts, which got $65 million.
The city topping Bloomberg’s Richest Places index with a median income of $525,000—Atherton, California—scored $1.3 million from taxpayers. Scarsdale, New York, which is No. 2 on Bloomberg’s list and the wealthiest city on the East Coast—got $2 million. The third city on the list, Hillsborough, California, got $2.1 million.
It is time to clean house in Congress.