Congress and President Trump have responded to the coronavirus crisis with $4 trillion worth of measures to support the economy. The Committee for a Responsible Federal Budget, a nonpartisan fiscal watchdog group, says that just over half that money, $2.1 trillion, has now been disbursed or committed.
“While several programs and policies got off to a rocky starts, including the Paycheck Protection Program and expanded unemployment benefits, disbursement appears to be moving at record speed,” the group says. “For comparison, it took 14 months for half of the American Recovery and Reinvestment Act to be disbursed in 2009 and 2010.”
Here’s CRFB’s breakdown of what’s already “out the door” and what remains to be spent along with a look at how the money has been disbursed over time.