Are the two sentences correct or is one of them incorrect?
1)Five billion dollars is earmarked for the project. 2)Five billion dollars has been earmarked for the project.
- Five billion dollars is earmarked for the project.
- Five billion dollars has been earmarked for the project.
Also, how do they differ in meaning? II know dollars are countable. So I think both 'is' and 'has been' are correct here.
Also, do they differ in meaning?