Democrats’ retirement plan mandate is ‘pretty heavy-handed,’ expert says – Yahoo Money

by MoneySaverExpert

Associated Press

AP: States and cities slow to spend federal pandemic money

As Congress considered a massive COVID-19 relief package earlier this year, hundreds of mayors from across the U.S. pleaded for “immediate action” on billions of dollars targeted to shore up their finances and revive their communities. Now that they’ve received it, local officials are taking their time before actually spending the windfall. As of this summer, a majority of large cities and states hadn’t spent a penny from the American Rescue Plan championed by Democrats and President Joe Biden, according to an Associated Press review of the first financial reports due under the law.

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