Harvard Group blames the Fed for allocating $ 20 billion in tribal funds

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By Joyce Hanson (November 5, 2021, 5:20 p.m. EDT) – The allocation of $ 20 billion by the US Treasury to mitigate the impact of the COVID-19 pandemic on Native American tribes was a historic investment in the Indian country but ” grossly unfair “and contrary to the objectives of Congress, according to a recent Harvard University study.

The 2021 American Rescue Plan Act’s $ 20 billion COVID-19 funding has been touted as the largest injection of federal money for Native Americans in U.S. history, but the Treasury’s lopsided formula has favored tribes with strong pre-pandemic economies and a relatively high number of employees compared to registered citizens, according to the guidance note written by Four …

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