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How much will the U.S. Federal Government spend from May till August (inclusive) in trillions of USD?

The COVID-19 pandemic in the United States impacted the economy significantly beginning in March 2020, as businesses were shut-down and furloughed or fired personnel.

Congress and President Trump enacted the Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 18, 2020. It included loans and grants for businesses, along with direct payments to individuals and additional funding for unemployment insurance.

CBO provided a preliminary score for the CARES Act on April 16, 2020, estimating that it would increase federal deficits by about $1.8 trillion over the 2020-2030 period.

How much will the U.S. Federal Government spend (in outlays) from May till August (inclusive) in trillions of USD?

Resolution details:

  • This question resolves as the sum of all monthly outlays for the months of May, June, July and August.

  • This question resolves on the basis of data published by fiscal.treasury.gov, on October 1st, 2020 at 12PM EST.

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