Just because the so-called “conservative” and “liberal” punditry and politicos refuse to answer this question, doesn’t mean we should stop asking it.
In 2009 President Obama along with congress passed the roughly $900 billion stimulus bill, the American Recovery and Reinvestment Act.
The “non-shovel ready” spending took place within fiscal year 2010/2011. The amount is significant because the injected stimulus was 30% more than the entire federal budget for the same year.
Debt ceiling - failed stimulis
However, since Fiscal Year 2008 we’ve never had a federal budget, preferring instead to fund government via base-line budgeting, continuing resolutions, increased in the debt ceiling, and omnibus spending.
As a direct result of the “baseline-budgeting” part of that spending approach, the federal government re-spent the ’09 “Stimulus” (first spent in FY ’10) in all subsequent fiscal years: 2011, 2012, 2013, 2014, 2015, 2016 (started last October), and 2017 (December’s Paul Ryan Omnibus bill).
That’s seven direct times the $900 billion “Stimulus” has been spent.
Seven times $900 billion equals $6.3 Trillion, or sixty three hundred billion.
Where is it?
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