The Biden administration and the Democratic Congress are trying very hard to push through a relief bill approaching two trillion dollars, which they say Americans support according to public opinion polls. But if Americans knew exactly how the two trillion dollars would be spent, the results might be different. Here’s the relief bill, and let’s look at how much of the money is going to relief.
75 billion goes to vaccine development, treatment, health screening, medical equipment
19 billion for public health and prevention centers everywhere
6 billion for Indian Medical Control Centers
4 billion for psychiatric treatment
7.2 billion for wage subsidies
15 billion for economic loss loans
26 billion to subsidize restaurants, bars, and performing arts groups
15 billion to subsidize airline workers’ salaries
These direct relief payments add up to $167.2 billion.
The relief bill also includes a $140 per person subsidy for each Family earning less than $75,000 a year, plus an additional $400 a week in unemployment benefits. All together, that adds up to $826.2 billion. The rest, $1 trillion or so, has nothing to do with the dole.
350 billion to subsidize state and local governments, even though local government revenues have returned to normal, and what’s more, the Democrats have changed the rules for granting benefits, with most of them going to states governed by Democrats and to states governed by Democrats with strict city closures and foot bans. The relief bill passed during the Trump (Trump) administration last year also gave allowances to local governments, but basically according to the population, but not this Time, it was based on the average unemployment rate in the last three months of last year. 8.2% unemployment rate in New York State and 9% unemployment rate in California, both of which are states with very hard sealing; while South Dakota, which insists on an open economy, has an unemployment rate of only 3% and does not get much federal government benefits.
86 billion to subsidize 185 pension accounts, these are the accounts that bought the pension benefit guarantee company insurance, and the pension benefit guarantee company is an insurance company jointly managed by employers and unions, these pension accounts because of the lack of federal standards and financial rules, for many years there has been a funding gap, the need for reform, this is good, the taxpayers fill the black hole.
129 billion to subsidize primary and secondary schools, whether they are open or not; 40 billion to subsidize college Education; here is a reminder that before this Congress has allocated $111.3 billion to schools, most of this money has not been used up, and now allocate new money, the Congressional Budget Office estimates that 95% of the money will be delayed until 2022 to 2028, and that is still Epidemic relief?
35 billion for Obamacare benefits; 39 billion for child care subsidies; 30 billion for public transit; 19 billion for rent subsidies; 10 billion for mortgage subsidies; 4.5 billion for low-income heating and air conditioning subsidies; 3.5 billion for Food stamps; 1.5 billion for railroads; 50 billion for FEMA; 1 billion for the World Food Protection Program; 500 million for libraries, museums, humanities and arts, and preservation preservation of Indian languages. And of course the various spending programs for each senior legislator’s own constituency. And so on, and so on, and so on. Anyway, it’s taxpayer money, and it’s open for spending.
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