Only 10% of the $7.5T Spent During COVID Went to Health
Only 10% of the $7.5 trillion spent during Covid went to health. The rest funded Democrat wish lists from welfare to cash handouts to sketchy subsidies for special interests. Dr. Peter St. Onge, a Heritage Fellow, gives us the lowdown in the clip below.
A new report by Heritage found almost none of the seven and a half trillion dollars pumped out allegedly for COVID actually went to health.
“Instead, roughly 90% went to handouts and crony payments, much of that siphoned to the institutional left that has become the Democrats’ power base, meaning your local rioters, hand gluers, and that army of fact-checking censors are now fully funded courtesy of your tax dollars.”
“First, the numbers between 2020 and 2022 new spending authorizations from Washington totaled 7 1/2 trillion dollars. It’s about $57,400 per American household, so a second mortgage. Shockingly, almost none of it actually went to health; just 700 billion or less than 10% of that was even spent on public health, setting aside whether or not it was useful or not.
“Instead… the spending spree focused on welfare expansions, cash handouts, and opportunistic subsidies for a variety of special interests. So, who are those special interests?
Trillions went to green projects. Continues….
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