US government has spent trillions on COVID-19 health, economic reliefIn response to COVID-19, the US government sold $1.5 trillion in obligations such as bonds and spent $1.3 trillion on public health, homeland security, and economic relief by Jun 30, according to an update yesterday from the Government Accountability Office (GAO).As of Jul 31, the government had allocated roughly $2.6 trillion for coronavirus relief efforts, of which about $2.2 trillion (85%) was earmarked for Business Loan Programs, Economic Stabilization and Assistance to Distressed Sectors programs, unemployment benefits, Economic Impact Payments, the Public Health and Social Services Emergency Fund, and the Coronavirus Relief Fund.