News Summary December 2, 2020
Today's Top Story: Only $16.5 Million in CARES Act Funding Disbursed to Fishery Participants as of October 23
In May 2020 Secretary of Commerce Wilbur Ross announced the allocation of $300 million in fisheries assistance funding provided by Sec. 12005 of the Coronavirus Aid, Relief, and Economic Security Act, also known as the CARES Act. We’re less a month away from 2021 … so the funds have all been dispersed, right? Not quite. According to a recent report released by the U.S. Government Accountability Office, as of October 23, only about $16.5 million of the $300 million has been disbursed....
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