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Reason
Reason
Peter Suderman

The Federal Government's Pandemic Jobs Program Was a Resounding Failure

In September 2020, as the pandemic dragged into its sixth month, Republicans on Congress' Select Subcommittee on the Coronavirus Crisis released a report on the rollout of the Paycheck Protection Program (PPP).

The program was among the most expensive of the pandemic relief measures passed in 2020, eventually growing to some $800 billion, making it among the most expensive government programs of 2020—nearly equivalent to the size of the American Recovery and Relief Act (ARRA), the 2009 stimulus package passed under President Barack Obama. Even apart from the rest of the pandemic relief spending, it was, all on its own, a massive economic rescue program.  

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