RIPEC President and CEO Comments on Local ARPA Spending

Responding to the plans of some local governments to use some of their collective $537 million in American Rescue Plan Act funds to subsidize nonprofits and businesses, RIPEC President and CEO Michael DiBiase told the Providence Journal that while such one-time spending avoids ongoing costs, “a tendency to spread this money thinly” may lessen “the overall impact.”  

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