The Committee for a Responsible Federal Budget wrote in an analysis Monday that the Democrats’ coronavirus bill contains at least $312 billion in policies unrelated to the coronavirus.
The Committee released an analysis of the House coronavirus bill, stating that it:
…is much larger than the needs of the economy, much of its spending is poorly targeted, it includes a number of measures unrelated to the COVID pandemic and economic crisis, and it would abruptly cut off aid to unemployed workers at the end of August.
The nonpartisan think tank noted that the bill contains “at least $312 billion of policies that have little to do with the current crisis.”
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“Among the unrelated provisions are a pension bailout; expansions of the Child Tax Credit (CTC), the Earned Income Tax Credit (EITC), and the child care tax credit; an increase in the minimum wage to $15 an hour; and Affordable Care Act (ACA) expansions,” the Committee wrote.