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Yo_Mama_Been_Loggin

(107,839 posts)
Fri Jul 31, 2020, 02:17 PM Jul 2020

$1.5 trillion of earlier relief still hasn't been spent. Here's what's left

Source: CNN

Congress authorized $3.7 trillion in spending earlier this year to help address the economic crisis caused by the coronavirus pandemic.

But about $1.5 trillion remains to be spent, according to the Committee for a Responsible Federal Budget, a fiscal watchdog group tracking the spending.

Meanwhile, as some of the earlier relief programs expire, Congress is in the middle of an intense negotiation over its next, and likely last, major economic response to the pandemic. House Democrats approved a $3 trillion plan in May, but Republicans proposed a much smaller relief package this week.

Some Republican lawmakers won't support key pieces of their own leadership's proposal, and the unspent money is one reason why.

Read more: https://www.msn.com/en-us/news/politics/1-5-trillion-of-earlier-relief-still-hasn-t-been-spent-here-s-what-s-left/ar-BB17qhSR?li=BBnbfcQ&ocid=hplocalnews

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$1.5 trillion of earlier relief still hasn't been spent. Here's what's left (Original Post) Yo_Mama_Been_Loggin Jul 2020 OP
That's because they haven't sent me my check, yet! marybourg Jul 2020 #1
The article starts sensationalist. Igel Aug 2020 #2
Keep Jared away from it. mpcamb Aug 2020 #3

Igel

(35,293 posts)
2. The article starts sensationalist.
Sat Aug 1, 2020, 01:36 PM
Aug 2020

But it winds up presenting facts. Haven't added up the numbers but they seem not unreasonable and the reasons for not having spent all the money make sense.

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