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How Much Would It Cost to Send Americans Coronavirus Relief Checks?

Michael Rainey

Analysts at the Committee for a Responsible Federal Budget did some quick calculations on the cost of sending Americans checks as part of a massive government effort to support the economy during the coronavirus crisis.

One proposal that is currently being discussed – sending $2,000 to each adult and $500 to each child – would cost about $570 billion, CRFB said Thursday.

Although it looks like Congress and the administration intend to move forward with some kind of support plan, plenty of questions remain, including income cutoffs and taxability of the aid. CRFB provided an analysis of some of those options in the chart below.

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