Treasury formula for COVID-19 funding shortchanges some tribes
Last updated 6/12/2020 at 4:04pm
PHOENIX, Ariz.-Arizona tribes were among those who could get too much-or too little- COVID-19 relief funding under a Treasury Department funding formula that is based on "probably not the best numbers," according to the author of a new report.
The policy brief from the Harvard Project on American Indian Economic Development and the University of Arizona's Native Nations Institute criticized the formula used to allocate the first $4.8 billion of relief to tribes under the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Treasury and the Interior Department said in a May 5 statemen...