Georgia Republicans are opposing a stipulation in President Joe Biden’s $1.9 trillion coronavirus relief bill that could block states from using the federal funds to pay for tax cuts. The sweeping relief package, named The American Rescue Plan Act of 2021, was approved by Congress on March 10 and is headed back to President Biden’s desk. It includes a wide range of proposals such as $1,400 direct checks for many Americans, aid for state and local governments, grants for small businesses, and money for schools, with Georgia slated to receive $8.9 billion in funds. The funds, however, also come with stipulations, including wording that prohibits states from using the funds to pay for tax breaks. Specifically, it states, “A state or territory shall not use the funds provided under this section or transferred pursuant to this section to either directly or indirectly offset a reduction in the net tax revenue of such state of territory resulting from …
Georgia GOP Opposes Biden Spending Bill Over Language That Blocks State Tax Cuts
March 12, 2021
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CARES actcoronavirus relief billExecutive BranchFeatured TopicsFederal-State RelationsPoliticspresident joe bidenRepublicanstax breaksunemploymentUSUS News
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