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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

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Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Politicsstimulus

How much coronavirus relief funding has gone to your state?

By
Rey Mashayekhi
Rey Mashayekhi
and
Nicolas Rapp
Nicolas Rapp
Down Arrow Button Icon
By
Rey Mashayekhi
Rey Mashayekhi
and
Nicolas Rapp
Nicolas Rapp
Down Arrow Button Icon
September 16, 2020, 1:30 PM ET

As millions of Americans continue to feel the economic impacts of the coronavirus pandemic, lawmakers on Capitol Hill remain at an impasse on new relief measures that would aid those Americans struggling to make ends meet during an unprecedented crisis.

With expanded unemployment benefits due to expire and direct stimulus payments now a distant memory, it remains to be seen whether Congress can strike a deal that would potentially deliver trillions of dollars of additional aid to households and businesses in need.

Meanwhile, the fiscal policy–focused Peter G. Peterson Foundation has taken a closer look at the trillions of dollars in relief already committed by the federal government this year—most of it through the $2.2 trillion CARES Act that Congress passed in March.

The bipartisan nonprofit has parsed the $1.7 trillion in federal aid disbursed by the government as of this week to highlight how those funds have been distributed on a state-by-state basis. It includes a breakdown of the total amount of aid received per state; the amount distributed to states through individual relief programs, such as the Paycheck Protection Program and the Economic Impact Payments (stimulus checks) program; and how much aid each state received on a per-capita basis.

Not surprisingly, the largest states in the union received more in funding than others, with the likes of California, New York, Texas, and Florida leading the way both in total aid received and, in most cases, on a program-by-program basis.

On a per-capita basis, however, things shake out a little differently. The District of Columbia, home to only around 700,000 residents, actually leads the way by that measure. Washington, D.C., has received nearly $5.5 billion in federal relief, which comes out to $7,749 per capita, according to the Peterson Foundation. The state of Vermont—which has even fewer people than D.C., with a population of 625,000—ranks second, with $7,130 in aid per capita.

Meanwhile, New York—the fourth-most-populous state in the nation, with nearly 19.5 million people—actually ranks third in aid received per capita. The Empire State has accepted nearly $133 billion in total federal aid (second behind California’s $231 billion), which comes out to $6,827 per person. Following New York are the far less populous states of Alaska ($6,794), North Dakota ($6,614), Wyoming ($6,367), and Rhode Island ($6,342).

The Paycheck Protection Program, the federal government’s flagship small-business relief program, has made up by far the largest chunk of the government’s coronavirus aid expenditures; $525 billion has been disbursed through PPP, nearly 80% of the $670 billion authorized for the program. The remainder of those funds, however, will not be handed out, as the government closed PPP to new applications on Aug. 8.

About the Authors
Rey Mashayekhi
By Rey Mashayekhi
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Nicolas Rapp
By Nicolas RappInformation Graphics Director
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Nicolas Rapp is the former information graphics director at Fortune.

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