The House passed President Joe Biden’s American Rescue Plan Wednesday afternoon, raising the price tag for federal government spending on coronavirus relief to $5.5 trillion.
The $1.9 trillion bill is just the latest that Congress has passed in the past year, adding to the unprecedented amount of money that is greater than the United States has spent on any previous national emergency in its history. The $5.5 trillion price tag is higher than the 2019 GDP of every country in the world except for the United States and China, and is more than the $4.1 trillion the U.S. spent on World War II if adjusted to today’s dollars.
The Daily Caller was founded in 2010 by Tucker Carlson, a 20-year veteran journalist, and Neil Patel, former chief policy advisor to Vice President Cheney, The Daily Caller is one of America’s largest and fastest-growing news publications. Our team of experienced, full-time reporters and editors works around the clock to deliver award-winning original reporting, in-depth investigations, entertainment, thought-provoking commentary and up-to-the-second breaking news. Visit https://dailycaller.com