Roy Gilbert

Washington’s Extra Trillion

Vice President Kamala Harris and President Joe Biden in the White House Rose Garden on Monday. The executive branch is sitting on a mountain of unspent Covid funds.

Photo: evelyn hockstein/Reuters The aging Americans who set federal Covid policy seem poised to impose yet another scientifically dubious burden on young people who are at little or no risk from the virus. CNN reports : The US Centers for Disease Control and Prevention is expected to recommend everyone in K-12 schools wear a mask, regardless of their vaccination status, as it updates its masking guidelines on Tuesday, according to an administration health official. Time will tell whether the physical limitations imposed by government on children in this era inflict more damage than the financial obligations from Covid-related spending that today’s children will someday have to bear as adult taxpayers.

At least on the latter infliction, federal policy makers have an easy way to begin lightening the burden earmarked for America’s kids. The good news is that as staggeringly expensive as the Covid lockdowns were, it seems they were not quite as expensive as lawmakers expected. In a press release today, ranking member Jason Smith (R., Mo.) of the House Budget Committee notes the rare opportunity for Beltway savings: The Government Accountability Office (GAO) last week published a report on federal pandemic relief aid detailing large sums of federal funding that remain unspent. As Congressional Democrats continue their calls for at least $3.5 trillion in new government spending, the GAO report estimates […]

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