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description=Explore our COVID funding data tools. And join us in tracking the trillions of dollars of spending, tax cuts, loans, grants, and subsidies authorized and disbursed in the wake of the coronavirus pandemic and economic crisis.;

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covid money tracker skip to main content sitemap covid money tracker home home main navigation explore the data visualization interactive table analysis covid response other budget fiscal policy about about us board members methodology support subscribe crfb org visually toggle menu note our committed disbursed amount may not reflect all spent funds as official data often lags by several weeks or months covid money tracker explore the data and track the trillions of dollars of federal spending tax cuts loans grants and subsidies authorized and disbursed in the wake of the coronavirus pandemic and economic crisis tracking the covid response 0 1 2 3 4 5 6 7 8 trillions of dollars federal reserve actions 7 2 7 2 trillion 4 7 4 7 trillion legislative actions 6 2 6 2 trillion 5 9 5 9 trillion administrative actions 1 1 trillion 0 9 0 9 trillion amount disbursed committed amount allowed share facebook twitter linkedin email latest deficit projections track the covid money in response to the covid 19 pandemic and economic crisis policymakers have approved trillions of dollars of fiscal and monetary support use the table below to explore how those dollars have been allocated and disbursed or view this information through our interactive visualization share facebook twitter linkedin email explore visualization research and analysis covid relief covid relief end explains all of 2022 deficit decline the budget deficit fell by half between fiscal year fy 2021 and fy 2022 from 2 8 trillion to 1 4 trillion while the biden administration has tried to take credit for this historic deficit reduction we estimate that over 100 percent was the result of shrinking or expiring covid relief and while roughly 22 percent of the gross improvements come from changes in economic projections more than offset by the cost of student debt cancellation those economic changes will actually increase future deficits by over 1 5 trillion between 2023 and 2032 read the blog covid offsets it should be easy to offset additional covid funds the white house has made the case for additional funding to fight the covid 19 pandemic in particular to purchase vaccines treatments testing and the global response efforts however the recently enacted fiscal year fy 2022 omnibus bill excluded 15 6 billion of pandemic funding after some members objected to roughly 7 billion of offsets from clawing back 2 percent of the state and local fiscal recovery funds the remaining costs were offset by repurposing other covid relief read the blog covid money tracker read more posts bipartisan group of lawmakers introduce employee retention tax credit repeal act 10 18 24 improper payments cost the government billions 9 16 24 employee retention credit faces 7x cost overrun 1 31 24 rescinding covid relief funds saves 30 billion 5 24 23 covid relief end explains all of 2022 deficit decline 10 21 22 it should be easy to offset additional covid funds 3 18 22 fiscal policy updates we ll continue to update our data as new reports and information become available subscribe to our email list for the latest in federal spending updates social media links youtube facebook twitter linkedin footer menu contact us copyright policy 2026 committee for a responsible federal budget all rights reserved 1025 connecticut avenue n w suite 1100 washington dc 20036 phone 202 596 3597 website by cyberwoven