Lee Administration holding on to $1B in federal funds

By , Daily Memphian Published: June 08, 2020 3:20 PM CT
<strong>Gov. Bill Lee&nbsp;last week announced a $200 million program to help 28,000 small businesses recuperate from the pandemic.</strong> (Mark Humphrey/Associated Press file)

Gov. Bill Lee last week announced a $200 million program to help 28,000 small businesses recuperate from the pandemic. (Mark Humphrey/Associated Press file)

The Lee Administration is holding out hope it can use about $1 billion in CARES Act money to replace lost revenue, spending only about a fourth of $2.3 billion the federal government has sent Tennessee since the COVID-19 pandemic hit.

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Bill Lee Steve Cohen David Kustoff
Sam Stockard

Sam Stockard

Sam Stockard is a Nashville-based reporter with more than 30 years of journalism experience as a writer, editor and columnist covering the state Legislature and Tennessee politics for The Daily Memphian.


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