How Much Of Stimulus Went To Corporations

The act became the largest economic stimulus bill in modern history more than doubling the stimulus act passed in 2009 during the financial crisis. Today s sankey diagram is a visual representation of where the 2 trillion will be spent. Public companies received 1 billion in stimulus funds meant for small businesses publicly traded companies have received more than 1 billion in funds meant for small businesses from the federal.

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Corporate robbery disguised as coronavirus relief the stimulus package signed by trump at the end of last week totals to an unprecedented 2 2 trillion.

How much of stimulus went to corporations. While most of it goes to big business there are some important provisions for working people. Broadly speaking there are five components to the covid 19 stimulus bill. But it also includes a 500 billion fund to bail out corporations and trump has already vowed to defy the oversight that democrats in the senate and house worked to require.

Washington whether or not they realized it lawmakers just passed a 2 trillion stimulus bill that lets treasury secretary steven mnuchin give 500 billion to corporations without any particularly meaningful oversight on how it gets spent which sectors will be treated as a bigger priority for getting financial help or when the money will be repaid.

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