Partial view on a US Treasury payment check The federal government will spend enough in COVID-19 stimulus to give every American taxpayer $41,000.
As COVID-19 and the lockdown-induced recession produced job loss and public health challenges, the federal government approved massive omnibus packages meant to stimulate the economy. Among these were the $2.2 trillion CARES Act, passed in March 2020; the $2.3 trillion HR 133, passed in December 2020; and the $1.9 trillion American Rescue Plan, passed in March 2021.
As the Committee for a Responsible Federal Budget’s COVID money tracker shows, the federal government will distribute a total of $5.9 […]
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