Federal Government Handed over Billions in COVID Relief Money to Colleges with Massive Endowments

The federal government handed over nearly $76 billion to colleges and universities from COVID-19 federal funding packages, despite the colleges and universities having billions of dollars in their endowment funds, according to data compiled by OpenTheBooks.

The Cares Act, The Coronavirus Response and Relief Supplemental Appropriations Act (CRRSSA) and The American Rescue Plan Act contained over $5 trillion in federal COVID-19 relief funds, of which nearly $76 billion was handed over to colleges and universities, according to data compiled by OpenTheBooks, a government transparency watchdog organization. Sixteen of the universities with the largest endowments received nearly $4 billion in federal COVID-19 relief funds.

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Georgia Uses $83.5 Million in COVID Relief Money for Public Safety Grants

Georgia is giving out more than $83.5 million in federal COVID-19 relief money as grants to fund 118 public safety projects across the Peach State.

Departments can use the funds to augment law enforcement staffing and support violent crime reduction initiatives or intervention programs. They can also use the money to invest in technology and equipment to address the uptick in violence and personnel shortages stemming from the COVID-19 pandemic.

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Georgia Allocates Federal COVID Relief Money to Grady Memorial Hospital

Georgia will allocate $130 million in federal COVID-19 relief money to fund 200 additional beds at Atlanta’s Grady Memorial Hospital following the announced closure of Atlanta Medical Center.

Gov. Brian Kemp, a Republican, said the additional beds would be enough to cover Atlanta Medical Center’s average patient census. The state will also reallocate a temporary medical unit used during the COVID-19 pandemic to Grady, adding 24 patient rooms and 12,000 square feet to the hospital’s footprint.

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Dale Kooyenga: More School Spending Doesn’t Mean Better Schools for Wisconsin

Dale Kooyenga

One Wisconsin Republican says a recent report on school spending misses the mark.

Sen. Dale Kooyenga, R-Brookfield, said the report from The Reason Foundation is a bit misleading. The report places Wisconsin near the bottom of all states when it comes to new school spending over the past decade or so.

“The most money ever spent on education in Wisconsin came during the last four years of the Walker Administration,” Kooyenga told The Center Square on Monday. “And just because another state decides to spend more on their schools, that doesn’t mean our schools are worse.”

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