By Liz Farmer, includes “The Treasury Department released its final rule for how governments can spend their American Rescue Plan fiscal relief funding and it creates even more flexibility than the interim rule did back in May 2021. The final rule is a whopping 437 pages and I won’t claim to have read all of it … The new rules make it easier for governments to direct spending where it’s needed without filing additional justifications and analysis. … State and local governments also urged Treasury to expand the types of infrastructure they can spend ARP money on and they generally got their wish. …”
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