Looming deadline could push states to misspend CARES Act money

States and localities are scrambling to pour $150 billion in federal CARES Act dollars into the COVID-19-ravaged economy before the end-of-year deadline, raising concerns that the money may not go to the recipients most in need. If states don’t allocate the money by Dec. 30, they must return it to the U.S. Treasury. That means businesses from ski resorts to football stadiums, restaurants to laundries — as well as people behind on their rent and utility payments — are being urged in public service announcements and public statements to apply for the money. Critics and some state officials say t...

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