Track the COVID Money
In response to the COVID-19 pandemic and economic crisis, policymakers have approved trillions of dollars of fiscal and monetary support. Use the table below to explore how those dollars have been allocated and disbursed or view this information through our interactive visualization.
Research and Analysis
COVID Relief
Time to Wind Down Remaining COVID Relief
Though most COVID relief has already been spent, several policies continue to provide ongoing financial support and could be renewed again by Congress or the President. In particular, the federal government continues to offer increased payments to Medicare providers, forbearance for student loan borrowers, and an enhanced Medicaid matching rate (a form of aid to states). Though some spending to specifically address the pandemic may still be warranted, policymakers should wind down these COVID relief policies rather than continuing to extend them.
COVID Offsets
It Should Be Easy to Offset Additional COVID Funds
The White House has made the case for additional funding to fight the COVID-19 pandemic – in particular to purchase vaccines, treatments, testing, and the global response efforts. However, the recently enacted Fiscal Year (FY) 2022 omnibus bill excluded $15.6 billion of pandemic funding after some Members objected to roughly $7 billion of offsets from clawing back 2 percent of the State and Local Fiscal Recovery Funds (the remaining costs were offset by repurposing other COVID relief).
COVID Money Tracker
Read More Posts- It Should Be Easy to Offset Additional COVID Funds (3/18/22)
- How Much Student Debt Has Already Been Cancelled? (3/17/22)
- Time to Wind Down Remaining COVID Relief (3/14/22)
- The 2021 U.S. Economy in Ten Charts (2/24/22)
- State and Local Governments Flush with Cash (11/3/21)
- It’s Time to Wind Down the Student Loan Moratorium (8/16/21)