States, seeking more coronavirus relief funds, have hardly spent the $139 billion approved in March: report

Just under 25 percent of the funds Congress allocated to state and local governments for coronavirus relief has been spent so far, a figure that may raise fresh concerns from lawmakers on whether billions of more dollars are needed.

Just over $34 billion -- or nearly a quarter -- of the $139 billion in payments Congress passed in March to states and local governments in the CARES Act has been spent, according to a new report from the Department of the Treasury Office of Inspector General.