President Joe Biden has announced $10 billion in American Rescue Plan funding to improve the country's public safety and violence prevention.
This includes at least $6.5 billion in State and Local funds committed by more than half of states and more than 300 communities across the country, who have answered the President's call.
Before the American Rescue Plan passed, the Menino Survey found that 27 percent of mayors anticipated making significant cuts to their police budgets and services.
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Political News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.