“The novel coronavirus (COVID) pandemic and resulting economic crisis has been met with an unprecedented policy response. Through legislative, administrative, and Federal Reserve actions, policymakers are currently working to pour trillions of dollars into the economy. COVID Money Tracker is a new initiative of the Committee for a Responsible Federal Budget focused on identifying these dollars and tracking their disbursement. The project will ultimately feature a state-of-the-art interactive database similar to Stimulus.org, where we tracked stimulus, financial rescue, and extraordinary Federal Reserve measures enacted in response to the 2008 financial crisis. COVID Money Tracker will ultimately track every major action taken by Congress, the Federal Reserve, the executive branch, and various federal agencies, following how much is disbursed over time, where the funds go, and how much is recovered through loan repayments, dividends, or equity repurchases…”
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