President Joe Biden's administration provided $1.9 trillion in pandemic relief in March, sending one-time $1,400 checks to qualified households and extending a $300 unemployment subsidy through early September. That brought the amount of government aid to nearly $6 trillion since the pandemic started in the United States in March 2020.
That's why the US GDP figures are growing at such a rate. $20,000 USD per person. Australia in comparison is $11,000 AUD per person half what the US is spending, and as I said earlier the government don't want to spend more because inflation is already creeping up due to us not being in that bad position.
The 2021-22 Budget committed an additional $41 billion in direct economic support, bringing total support since the beginning of the pandemic to $291 billion as of May 2021.
Australias current financial support costs, and that $41bil extra hasn't been used yet.
In billions of $
2020 1,359.33$
2019 1,391.54$
You might want to add 2021 figures to that.
2021*
1,617.54$
Suddenly looks positive again...