Biden Team Says $5T in COVID Relief Not Enough. So, Where Did It All Go?

“The Washington Post reports that the Joe Biden White House will soon ask Congress for even more money to battle the COVID-19 pandemic.  More money, that is, than the $5.4 trillion already allocated by Congress via six separate pieces of legislation over the past 24 months, an unprecedented and dangerous sum that is spurring inflation and keeping people from going back to work.”

Biden team says $5T in COVID relief not enough. So, where did it all go? | Fox News

 

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

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