Analysis has found that the $6 trillion COVID-19 stimulus packages passed by Congress, which includes the 1.9 trillion passed on Wednesday, will cost American taxpayers the equivalent of $17,000 individually or $69,000 per family.

The Washington Examiner’s Paul Bedard reports that House Budget Committee ranking member Rep. Jason Smith provided him with highlights of the COVID bill passed by the Senate: 

• Less than 9% goes to combating COVID-19.
• Twenty-seven percent (or more than $500 billion) goes to state and local governments.
• Twenty-one percent (or approximately $400 billion) goes to policies that reduce private-sector employment.
• $135 million for the National Endowment for the Arts.
• $135 million for the National Endowment for the Humanities.
• $200 million for the Institute of Museum and Library Services.
• $12 billion for foreign aid.

What is spent in this year of the $1.9 trillion?

• Five percent ($6 billion) of the $130 billion set aside for K-12 schools.
• Five percent ($250 million) of the $5 billion for Emergency Housing Vouchers.
• Seventeen percent ($7 billion) of the $39 billion for child care.
• Twenty-three percent ($11 billion) of the $50 billion for the Federal Emergency Management Agency.
• None of the $5 billion for homeless assistance.

Smith reportedly told NPR, “If this bill was about direct payments to people and putting shots in the arms and vaccines, you would have strong bipartisan support across this Congress and across this country, but less than 9% of the entire spending in this bill actually goes to crushing the virus and helping distribute vaccines and putting shots in arms.”

For the full report, click HERE