$117.5 billion.
That’s the amount that Texas state and local governments and educational institutions are expected to receive through federal stimulus legislation passed in response to the COVID-19 pandemic. The total is more than what the U.S. invested in the Marshall Plan to rebuild Europe after World War II, even adjusted for inflation.
This massive investment will not only help restore Texas’ economy — it also provides a rare chance to prepare for the state’s future in a way that benefits the next generation of Texans.
Our Playbook for the Future of Texas and the following posts take a deep dive into what’s available, where there are opportunities to have a positive impact, and, just as importantly, what we need to make sure to avoid in deciding how to deploy the amount that remains — and, really, in allocating all of the pandemic recovery funds that the state has direct or indirect discretion over – we’re taking.
