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>January outlays fell 37% to $346 billion, partly as they did not include $142 billion in individual stimulus payments sent in January 2021. The dropoff in cov
by beerandt 5y ago
>January outlays fell 37% to $346 billion, partly as they did not include $142 billion in individual stimulus payments sent in January 2021.
The dropoff in covid spending since congress is in a stalemate and didn't extend programs has clearly got to be the key here, right?
When else have we had a YoY significant drop like that? Especially without being phased out with a taper.
(No matter what everyone wants to argue about over receipts also going up. The why isn't as important because the what isn't uncommon.)