A BILLION HERE, A BILLION THERE, AND PRETTY SOON, YOU’RE TALKING REAL MONEY: New ‘COVID’ Legislation Contains $300 Billion in Unrelated Spending, Budget Watchdog Warns.

More than 15% of the money allocated goes to long-standing partisan policies, including some shocking allocations that have nothing at all to do with the pandemic.

President Biden has not backed down from his $1.9 trillion COVID-19 spending proposal, and House Democrats are pushing full steam ahead on making his vision a legislative reality. But a top budget watchdog just warned that the budget-busting legislation, which costs roughly $13,260 per federal taxpayer, is full of spending that has nothing to do with the pandemic.

“Only about 1 percent of the entire package goes toward COVID vaccines, and 5 percent is truly focused on public health needs surrounding the pandemic,” the Committee for a Responsible Federal Budget (CRFB) warned on Wednesday.

We are primarily funded by readers. Please subscribe and donate to support us!

“Meanwhile, nearly half of the package will be spent on poorly targeted rebate checks and state and local government aid, including to households and governments that have experienced little or no financial loss during this crisis,” the report continues.

Even some of the money that is ostensibly related to COVID-19, like billions intended to help schools reopen, is highly misleading. For example, as CRFB senior policy director Marc Goldwein notes, much of this money for “school reopening” is actually allocated for 2023 and 2024, long past when all schools will have reopened.

fee.org/articles/new-covid-legislation-contains-300-billion-in-unrelated-spending-budget-watchdog-warns/

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.