COVID-19 Stimulus Tracker and Analysis

Rolling Analysis, Deep DiveCOVID-19 Stimulus Tracker and Analysis

Budget & Tax,  | Analysis
Jul 10, 2020  | 14 min read | Print Article

The novel coronavirus COVID-19 pandemic has moved fast, growing into both a health and economic crisis in the U.S. Amid calls for stimulus packages, bailouts, and legislation, where is the money going? TCS has seen this movie before — just after 9/11, during the 2008 financial crisis, in the aftermath of superstorm Sandy, and in the 2017 hurricane season after Maria, Harvey, Irma and more. We’re building a tracker (see the first drop down menu below) and following the money. Follow along.

There are two ways to follow along – a hyperlinked timeline, or a reverse chronological blog feed with most recent content first. Scroll down for both.

Wondering which industries are asking for what from the federal government because of  COVID-19? We have a tracker.

May 12, 2020 – House Democrats Draft Text of ‘‘Health and Economic Recovery Omnibus Emergency Solutions Act’’ or the ‘‘HEROES Act’’ (CV4) (1PM May 12)

April 21, 2020 – Text of CV 3.5 (4PM April 21)

March 27, 2020 – CARES Act (P.L. 116-136)

March 18, 2020 – Families First Coronavirus Response Act (P.L. 116-127)

March 6, 2020 – Coronavirus Preparedness and Response Supplemental Appropriations Act, 2020 (P.L. 116-123)

May 18, 2020 – The First Report of the Congressional Oversight Commission: Questions About the CARES Act’s $500 Billion Emergency Economic Stabilization Funds

TIMELINE

July 10, 2020

In The News – The Chicago Tribune: PPP loans were meant to help small businesses save jobs amid the pandemic. So why does official data show thousands of recipients retained zero jobs?

July 9, 2020

Statement: TCS’ Statement on the Paycheck Protection Program

Weekly Wastebasket: Lawmakers Are Behind On Budget

Letter: Right-To-Know in NDAA

July 8, 2020

In The News – The Wall Street Journal: The Media’s PPP Potshots

In The News – The Fiscal Times: Who Got Big Bucks Through Small Business Rescue Program?

In The News – Spectrum News: Watchdog Groups Call for More Transparency on Coronavirus Relief

In The News – Washington Times: Politicians and pole dancers: Employers flock to coronavirus loans

In The News – BBC: Coronavirus: Moguls and lobbyists get millions in government aid

In The News – Washington Post: After railing against federal spending, GOP lawmakers, conservative groups benefit from government aid program

July 7, 2020

In The News – Politifact: Pelosi compares cost of state and local aid from coronavirus relief bill to 2017 tax cuts

In The News – Washington Post: Treasury, SBA data show small-business loans went to private-equity backed chains, members of Congress

In The News – Washington Examiner: Agriculture support should be temporary and targeted, just like all other federal coronavirus aid

July 6, 2020

Letter: State Aid Principles Coalition Letter

July 2, 2020

Weekly Wastebasket: A Pandemic Fourth

June 29, 2020

Analysis: Fact Sheet – CCC Charter Act, A Case In Congressional Abdication

In The News – MarketWatch: Pressure builds on Senate Republicans to move in direction of $3 trillion coronavirus relief measure favored by Democrats

June 25, 2020

Weekly Wastebasket: The Camel and the Ag Pandemic Tent

Common Sense Conversations – June 2020

June 16, 2020

Analysis: Planting Permanent Subsidies in Response to COVID-19

In The News – The Savannah Morning News: Hurricane season is upon us, and we must prepare now

June 13, 2020

In The News – Heather Cox Richardson/Moyers on Democracy: Can the Republicans Get Their Act Together?

June 12, 2020

Weekly Wastebasket: Hurricane Season Arrives Amid Pandemic

June 11, 2020

In The News – Washington Post: Trump Administration won’t say who got $511 billion in taxpayer-backed coronavirus loans

June 10, 2020

In The News – Roll Call: Outside groups press Risch to livestream Foreign Relations proceedings

June 9, 2020

Analysis: Primer on Inspectors General

June 5, 2020

Analysis: Delaying Oil and Gas Leasing is a Win for Taxpayers 

June 4, 2020

In The News – Washington Post: Pentagon’s coronavirus plan includes millions for missile tubes and body armor

May 28, 2020

Analysis: Agricultural Conservation and COVID-19 Assistance

May 26, 2020

In The News – Houston Chronicle: With national debt nearing record, Texas conservatives push back on stimulus

May 22, 2020

In The News – Wyoming Public Radio: Requests for Oil and Gas Relief are Growing in Wyoming

May 21, 2020

In The News – Politico: Trump Administration Cuts Royalty Payments for Oil Companies

Weekly Wastebasket: Memorializing the Death of Checks and Balances

Analysis: No Relief for Taxpayers – BLM Fast-Tracking Royalty Giveaways

May 20, 2020

In The News – E&E: BLM Flooded With Royalty Relief Requests

In The News – NBC Investigations: The Government Has Earmarked Billions to Help Farmers. There Will be Winners and Losers.

May 19, 2020

Quick Take: Common Sense Conversations – COVID-19, IGs, Oversight, and more

May 18, 2020

Documents: The First Report of the Congressional Oversight Commission – Questions About the CARES Act’s $500 Billion Emergency Economic Stabilization Funds

Analysis: USDA and the CARES Act

Analysis: HEROES Act Directs More Payments for Agriculture

May 15, 2020

Weekly Wastebasket: The HEROES Act Tries to Spend Our Way Out of this Pandemic

Analysis: Federal Taxpayer Costs of COVID-19 Response

May 13, 2020

Analysis: Division E – Continued Assistance to Unemployed Workers

Analysis: Division H – Veterans and Servicemembers Provisions

May 12, 2020

Analysis: The HEROES Act – At Least $1.5 Trillion in Emergency Spending

Analysis: The HEROES Act – Accountability and Government Operations

May 8, 2020

Weekly Wastebasket: COVID-19 Response Dollars – Apple Of Their Eye

May 1, 2020

Weekly Wastebasket: Congress Matters – How did we get to the point where people need to be reminded of that?

April 30, 2020

Letter: Urging Responsible Fiscal Discipline

April 23, 2020

Weekly Wastebasket: More COVID-19 Funding, Won’t be the Last

April 21, 2020

Letter: Call for Transparency, Accountability, Good Government

April 17, 2020

Analysis: Big Ag and the CARES Act

April 15, 2020

Weekly Wastebasket: Doublespeak on the Big Oil Deal

April 14, 2020

Analysis: JCT’s Estimate on Revenue Effects of CARES Act

April 9, 2020

Weekly Wastebasket: Protect the Inspectors General from Politics, Because #OversightMatters

In The News – Bloomberg Government: Rush to Pass Virus Aid Bolsters Clout of Capitol Hill Leadership

April 8, 2020

In The News – Carolina Journal: N.C. hospitals, medical practices could get several billion from CARES Act

April 6, 2020

In The News – Washington Post: Private equity angles for piece of stimulus windfall

Analysis: Dollar Figures from CARES For Various Agencies

Joint Letter: Common Sense Principles for COVID-19 Response

April 3, 2020

Weekly Wastebasket: Today’s Pandemic Response, Tomorrow’s Crony Capitalism?

In The News – USA Today: Why Boeing might not need a bailout despite coronavirus, 737 Max crises

April 1, 2020

In The News – Politifact: Are states in a bidding war over medical gear with the feds? 

March 31, 2020

In The News – The Hill: Democrats, Trump set to battle over implementing $2T relief bill

In The News – Bloomberg Law: Defense workers pressured to defy virus and keep making weapons

March 30, 2020

In The News – Washington Journal/CSPAN: Stephen Ellis on Coronavirus Aid Legislation

In The News – Fortune: Stimulus funnels billions to health care for spending unrelated to COVID-19

In The News – WJLA/ABC: Major cruise companies likely left out of bailout thanks to language in stimulus law

In The News – WVTF/Virginia Public Radio: No coal industry tax break in COVID-19 relief bill

March 28, 2020

Analysis: Deeming All Defense Contracts “Essential” Will Be Costly

March 27, 2020

In The News – Yahoo! Finance: Airlines plot course through turbulent coronavirus crisis with billions from US taxpayers

In The News – The New York Times: For farmers, stimulus bill means subsidies continue to flow

In The News – AP: Congress locks Trump oversight into $2.2 trillion package

Weekly Wastebasket: CARES Act Hits Finish Line

March 26, 2020

In The News – Fast Company: Here are the most infuriating details and corporate giveaways in the COVID-19 stimulus bill

In The News – KTOO: Trump would like to help the cruise industry. Not everyone who works in the industry thinks that’s a good idea.

Analysis: Someone Remembered the Sunscreen … in the COVID-19 Stimulus Package

Analysis: The COVID-19 Stimulus Package – Long On Money, Short On Details

Analysis: 2020 Bailout Inspectors General Funding

In The News – WJLA/ABC: The $2 trillion stimulus package, broken down

In The News – Real Clear Politics: As job losses soar, will rescue package save the economy?

In The News – WJLA/ABC: Tracking trillions and sunscreen in coronavirus relief bill

Analysis: 2020 Bailout DHS Dollar Amounts

Analysis: 2020 Bailout Defense Program Funding

March 25, 2020

Quick Take: Agriculture in the time of COVID-19

In The News – USA Today: The $2 trillion stimulus is the biggest in history. How does it compare to 9/11, financial crisis bills?

In The News – The Washington Post: Senate aid package quietly carves out billions intended for Boeing, officials say

In The News – The Washington Examiner: Coronavirus relief deal will become most expensive ever

March 24, 2020

OpEd – Morning Consult: Commonsense Principles for Coronavirus Disaster Response and Recovery

In The News – Reuters: U.S. holding slew of new drilling lease sales despite oil market slump

March 20, 2020

Wastebasket: Accountability and Oversight in the Time of COVID-19

Tracker: COVID-19 Stimulus Requests: Tracker by Industry

In The News – WJLA/ABC: Taxpayer Watchdog: Americans should be asking questions about emergency spending

In The News – Roll Call: Defense Industry to Carry on in Face of Coronavirus

March 19, 2020

Analysis: A New Tracker and the Aerospace Industries’ Selfish Abuse of the COVID-19 Crisis

Statement: Conservative and Taxpayer Groups Call for Emergency Suspension of Oil & Gas Leasing on Public Lands

March 18, 2020

Letter: Principles for Coronavirus Disaster Response and Recovery

March 17, 2020

Analysis: Now is the Time to Press Pause On Oil and Gas Leasing

Quick Take: Possible COVID-19 Response and Stimulus Package

March 13, 2020

Wastebasket: Washington – Rise To The Occasion

March 12, 2020

In The News – Marketplace: The Trump administration considers ways to help the travel industry

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