President Joe Biden’s $1.9 trillion pandemic relief plan allocates $128.6 billion over the next ten years toward helping K-12 public schools cope with COVID-19, although just $6 billion of that will be spent in 2021.
A cost estimate (pdf) based on budget reconciliation recommendations of the House Committee on Education and Labor, prepared by the nonpartisan Congressional Budget Office (CBO) and released Monday, estimates that $6 billion would flow to schools in 2021. The outlays would rise to $32.1 billion each year in 2022 and 2023, before tapering off to $1.3 billion in 2028. The ten-year plan foresees no allocations under the Elementary and Secondary School Emergency Relief Fund in 2029 through 2031.
