Hyperlinks In Gold Below
BREAKDOWN OF THE $2 TRILLION USD CORONAVIRUS AID PACKAGE...
The U.S. Senate unanimously passed the roughly $2 trillion USD coronavirus response package that is intended to provide financial aid and relief to Americans and small business who have been impacted by the pandemic.
Senate Majority Leader Mitch McConnell, R-Ky., described the legislation, known as the CARES Act, as necessary emergency relief and vowed to put partisanship aside to get it done.
We know about the cash payments individuals and families will get, but that still leaves a lot of meat on that bone. We took the liberty to look into and break down where the $2 trillion USD is going.
HERE'S THE BREAKDOWN...
American population: 330,483,530
Stimulus bill: $2,000,000,000,000 (that’s a lot of zeros)
Dividing the cost by every person in America is $6,051.74.
The government could have given every person over $6,000, but instead will give $1,200 to each adult under a certain income.
$300,000,000 for Migrant and Refugee Assistance pg 147
$10,000 per person for student loan bailout
$100,000,000 to NASA
$20,000,000,000 to the USPS
$300,000,000 to the Endowment for the Arts
$300,000,000 for the Endowment for the Humanities
$15,000,000 for Veterans Employment Training
$435,000,000 for mental health support
$30,000,000,000 for the Department of Education stabilization fund
$200,000,000 to Safe Schools Emergency Response to Violence Program
$300,000,000 to Public Broadcasting
$500,000,000 to Museums and Libraries
$720,000,000 to Social Security Admin / but get this only 200,000,000 is to help people. The rest is for admin costs
$25,000,000 for Cleaning supplies for the Capitol Building
$7,500,000 to the Smithsonian for additional salaries
$35,000,000 to the JFK Center for performing Arts
$25,000,000 for additional salary for House of Representatives
$3,000,000,000 upgrade to the IT department at the VA
$315,000,000 for State Department Diplomatic Programs
$95,000,000 for the Agency of International Development
$300,000,000 for International Disaster Assistance
$90,000,000 for the Peace Corp pg 148
$13,000,000 to Howard University pg 121
9,000,000 Misc Senate Expenses pg 134
$100,000,000 to Essential Air carriers pg 162 This of note because the Airlines are going to need billions in loans to keep them afloat. $100,000,000 is chump change
$40,000,000,000 goes to the Take Responsibility to Workers and Families Act.
$1,000,000,000 Airlines Recycle and Save Program pg 163
$25,000,000 to the FAA for administrative costs pg 165
$492,000,000 to National Railroad Passenger Corporation (Amtrak) pg 167
$526,000,000 Grants to Amtrak to remain available if needed through 2021
Hidden on page 174 the Secretary has 7 days to allocate the funds & notify Congress
$25,000,000,000 for Transit Infrastructure pg 169
$3,000,000 Maritime Administration pg 172
$5,000,000 Salaries and Expensive Office of the Inspector General pg 172
$2,500,000 Public and Indian Housing pg 175
$5,000,000 Community Planning and Development pg 175
$2,500,000 Office of Housing
PARTAKE, ENJOY, PROCEED!
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