Only a small percent of President Joe Biden’s proposed $1.9 trillion coronavirus relief package would actually go to pandemic-related efforts.
Reason’s Peter Suderman reported this week that just 1% of the package would be spent on vaccines, with only 5% going toward “pandemic-related public health needs.” A full 15%, about $300 billion, is earmarked for liberal policy priorities that have nothing to do with the pandemic, such as expanding Obamacare subsidies and increasing the minimum wage to $15 an hour (four years from now).
As Suderman noted, Biden has been pitching his nearly $2 trillion plan as imminently necessary. “We don’t have a second to waste when it comes to delivering the American people the relief they desperately need. I’m calling on Congress to act quickly and pass the American Rescue Plan,” Biden tweeted on February 8.
The actual relief package, however, wouldn’t all be spent immediately, even for things deemed necessary to reopen schools.
Biden’s “plan is padded