Now almost two years since the COVID-19 pandemic began, and after $6.6 trillion in total federal spending on it—the equivalent of $51,600 per household—some policymakers want to pass yet another so-called COVID-19 relief package.
Not only has Congress already spent more than it should have, some of the previous COVID-19 relief spending is actually hurting our economy today by adding to problems like rising costs, supply chain problems, and an unprecedented labor shortage.
The following are nine reasons why Washington should not enact any more COVID-19 spending.
1) Unspent Funds: There’s still $989 billion in COVID-19 relief that hasn’t been spent. According to the Committee for a Responsible Federal Budget’s COVID money tracker, there’s still nearly $1 trillion in COVID-19 relief funds that have yet to be committed or spent. That’s equivalent to $7,700 per household across the U.S.
