Rep. Barry Moore demands answers from President Biden on unspent COVID relief
‘Further burdening our national debt while nearly $1 trillion of allocated funds remain unspent is careless and irresponsible.’
Washington, D.C. — Today, U.S. Representative Barry Moore (AL-02) announced he has joined House Budget Committee Republican Leader Jason Smith (MO-08) and House Oversight and Reform Committee Republican Leader James Comer (KY-01) in cosponsoring a resolution requiring President Biden to provide the U.S. House of Representatives with an account of any enacted but currently unspent COVID-19 stimulus funding.
“Before Congress rams through a partisan $1.9 trillion COVID ‘relief’ package, we must account for the unspent funds from previous stimulus legislation. Taxpayers deserve transparency on how the federal government is spending their hard-earned money,” said Moore. “Further burdening our national debt while nearly $1 trillion of allocated funds remain unspent is careless and irresponsible.”
Background: Combined with previous stimulus legislation, the Biden Administration’s $1.9 trillion COVID-19 reconciliation package would bring total coronavirus spending to almost $6 trillion. This price tag is more than the GDP of every country other than the United States and China. If enacted, overall spending would cost American taxpayers over $17,000 per person and $69,000 for a family of four.
Current estimates reveal roughly a quarter of the previously authorized $4 trillion in COVID funding has not yet been spent. Additionally, the nonpartisan Congressional Budget Office projects the U.S. economy will return to pre-pandemic levels of real GDP growth by mid-2021, without any additional stimulus spending.
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