Here’s How Much Wasteful Spending Is In The New $1.9 Trillion Stimulus Bill

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Over the weekend, the U.S. House posted a first draft version of the “American Rescue Plan Act of 2021” – a $1.9 trillion emergency aid package to help America recover from the coronavirus pandemic.

Previous legislation has already provided at least $4 trillion in funds for testing, paid family leave, small business relief, direct payments to individuals and families, the Kennedy Center, and a plethora of non-related COVID “relief.”

Since House Speaker Nancy Pelosi’s leadership team essentially wrote the bill, our auditors at OpenTheBooks.com found what House Democrats consider coronavirus-recovery “essential” spending:

  • $1.5 million earmarked for the Seaway International Bridge, which connects New York to Canada. Senate Leader Chuck Schumer hails from New York.
  • $50 million for “family planning” – going to non-profits, i.e. Planned Parenthood, or public entities, including for “services for adolescents[.]”
  • $852 million for AmeriCorps, AmeriCorps Vista, and the National Senior Service Corps – the Corporation for National and Community Service – civic volunteer agencies. This includes $9 million for the AmeriCorp inspector general to conduct oversight and audits of the largess. AmeriCorps received a $1.1 billion FY2020 appropriation.

People of goodwill can debate each of these goals, but is it truly emergency spending or funding related to COVID?

For example, what is the public purpose for a hike in the minimum wage to $15 per hour – which the non-partisan Congressional Budget Office (CBO) says will cost the economy 1.4 million jobs?

Certainly, the coronavirus stimulus bill does provide $473 billion in payments to individuals, $75 billion in cash for vaccines, $26 billion to restaurants, $15 billion to help fund airline payrolls, and another $7.2 billion in Paycheck Protection Program funding for small businesses. – READ MORE

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