$11 billion from Coronavirus relief package going overseas

$11 billion from Coronavirus relief package going overseas

Javier Manjarres
Javier Manjarres
March 27, 2020

With the House of Representatives expected to vote in favor of the $2.2 Trillion The Coronavirus Aid, Relief and Economic Security Act (CARES Act), there is still unnecessary, non-Coronavirus relief funding measures that American taxpayers will be paying for.

You read about the non-essential programs Speaker Nancy Pelosi pushed for, right?

Here are just a few:

-Expansive new tax credits for solar and wind energy

-Emissions standards for airlines

-Required same-day voter registration and early voting

-Retirement plans for community newspaper employees

-$1 billion “Cash for Clunkers” program for airplanes

-Mandatory $15 minimum wage

Democrats were able to land a few during the negotiation of the funding bill, but most of the funding “clunkers” didn’t survive scrutiny.

But unfortunately, not all of the money appropriated to help Americans deal with the spreading pandemic that has crippled the U.S. economy is going to Americans.

According to the bill, nearly $11 billion dollars of the $2.2 trillion relief package will go to three foreign organizations:  African Development Fund (ADF), the African Development Bank (AfDB) and the International Development Association (IDA).

“The ADF and the AfDB are two related organizations that help fund development and poverty eradication efforts in Africa, whereas the IDA is a subsidiary of the World Bank that gives to poor countries in general. Combined, they will receive more than $10.8 billion under the CARES Act,” this according to a Fox News report.

Oh, the John F. Kennedy Center for the Performing Arts Center in New York City is slated to receive $25 million in Coronavirus funding, if you can believe that.

The latest COVID-19 numbers are staggering. The U.S. has not surpassed China with the most cases of the virus with 81,000. Italy's death toll is the highest in the world with 8,200 deaths.

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Javier Manjarres

Javier Manjarres

Javier Manjarres is a nationally renowned award-winning political journalist and Publisher of Floridianpress.com, Hispolitica.com, shark-tank.com, and Texaspolitics.com He enjoys traveling, playing soccer, mixed martial arts, weight-lifting, swimming, and biking. Javier is also a political consultant and has also authored "BROWN PEOPLE," which is a book about Hispanic Politics. Follow on Twitter: @JavManjarres Email him at Diversenewmedia@gmail.com

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