Most of that stimulus went to large corporations which is exactly TS's point lol
The Heroes Act includes about $1.13 trillion of emergency supplemental appropriations to
federal agencies, as well as economic assistance to governments at the
state,
local,
tribal, and
territorial levels. There would be about $485 billion in safety net spending, including the expansion of
unemployment benefits, increased
Supplemental Nutrition Assistance Program (SNAP) benefits, increased funding utilities payments and job training for low-income individuals, and a 25% increase in aid to disabled
veterans. There would be about $435 billion for additional rebates, which would include an additional $1200 stimulus check per individual. There would be about $382 billion for health care, which would include reimbursing health care providers for lost revenue, covering the
COBRA premium costs for employees laid off between March 2020 and January 2021, increasing funding for testing and
contact tracing, eliminating
cost-sharing for coronavirus treatment, and increasing funding for health agencies and centers. Employers would also need to implement infectious disease control panels. There would be about $290 billion to support small businesses and employee retention, with modifications to the
Paycheck Protection Program. This would expand employee retention credit, provide credits for employer expenses, extend and expand paid leave (such as
paid sick days,
family and
medical leave), and provide a 90% income credit for
self-employed individuals. There would be about $290 billion to reduce income taxes and $191 billion for student loan relief and funding for higher education. There would be about $202 billion for housing-related costs and expenses, including the establishment of a emergency rental assistance fund and a homeowner's assistance fund. Some
eviction and
foreclosure moratoriums would be expanded as well, being extended for up to another year and expanding the moratorium to cover all renters and homeowners rather than specific cases as previously done in the CARES Act. There would be about $190 billion for
hazard pay for essential workers. In addition, there would be $32 billion for communication systems (such as the
U.S. Postal Service), $48 billion for
pensions and
retirement relief, $31 billion for agricultural spending, and $254 billion for a limited business loss deductions.
[3][4][5]
