Because I asked the Washington press corps right after that lunch, they didn't know either. They said, ah, something like a billion dollars or trillion dollars, no, 6.5 trillion back then. So anyway, that's what happened. In 2019 we spent $4.4 trillion. Then the pandemic and we had to do something pretty quick, pretty massive so the markets wouldn't collapse. But we never stopped spending at that level. Next five years we averaged 6.5 trillion. (05:17–05:21)
CLAIM
Asserts that the federal government spent $4.4 trillion in 2019.
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