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Sunday, November 17, 2024

Presentation College is allocated $454,681 in funding from the CARES Act

Test 13

Presentation College has been allocated $454,681 in funding from section 18004(A)(1) of the CARES Act, according to data from the U.S. Department of Education.

Per stipulations in the CARES Act, 50% of the funding must be used in order to help students who are facing hardships due to the disruption of learning on campus.

The CARES Act was enacted in March and provides a broad range of monetary support across the economy. It is on pace to cost U.S. taxpayers roughly $2 trillion, more than twice the amount of the $831 billion bailout of 2009.

One vocal opponent of the bill has been U.S. Rep. Thomas Massie (R-Ky).

"Biggest spending bill in the history of mankind, and no recorded vote? #SWAMP," Massie tweeted.

In a later interview with The Reason, he also questioned the creation of the stimulus package.

"When we were attacked at Pearl Harbor, did we come up with a $2 trillion stimulus package," he asked. "Or did we declare a war on our enemies? We declared war on our enemies. Why have we not declared war on this virus?"

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