The COVID Spending Tsunami

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Published: February 2025

$1.5T in emergency spending across 20 agencies and 30 top recipients — the largest emergency outlay in American history.

Total COVID Spending

$1.5T

Agencies Involved

20

Top Agency (HHS)

$290.0B

$1.46 Trillion — With Minimal Oversight

The largest emergency spending in US history was pushed out the door in months, not years. HHS, Education, and Defense each received over $275 billion. Billions went to state agencies, defense contractors, and pharmaceutical companies. Emergency rules meant reduced competition, waived audits, and fast-tracked contracts. Years later, the full accounting is still incomplete — and fraud estimates run into the hundreds of billions.

Top 10 Agencies by COVID Spending

COVID-related awards by agency. Source: USASpending.gov

Where Did the Money Actually Go?

State education departments received tens of billions each — California alone got $30.5B. Defense labs like Sandia and Los Alamos pulled in $15B+ each. Moderna received nearly $10 billion in federal funds. The MTA got $15.2 billion. Emergency spending became a firehose — and everyone lined up with a bucket.

Top 30 COVID Spending Recipients

The largest recipients of COVID emergency funds. Search by name.

#RecipientAmount
1Department Of Education California$30.5B
2Governor's Authorized Representative$27.1B
3Tx Education Agency$19.6B
4Texas Division Of Emergency Management$15.8B
5National Technology & Engineering Solutions Of San...$15.5B
6Metropolitan Transportation Authority$15.2B
7New York State Education Department$15.0B
8New York State Division Of Homeland Security & Eme...$14.9B
9Florida Department Of Education$14.7B
10Lockheed Martin Corporation$14.5B
11Triad National Security, LLC$14.4B
12Fluor Marine Propulsion, LLC$11.9B
13Office Of Emergency Services$11.8B
14Modernatx, Inc.$10.0B
15Lawrence Livermore National Security, LLC$9.9B
16Ut-battelle LLC$9.5B
17Illinois State Board Of Education$8.5B
18Commonwealth Of Pennsylvania Department Of Educati...$8.1B
19Homeland Security & Emergency$8.0B
20State Of Florida Division Of Emergency Management$7.9B
21Michigan Department Of Education$7.7B
22Ohio Department Of Education$7.4B
23Savannah River Nuclear Solutions LLC$7.1B
24Georgia Dept Of Education$6.9B
25Battelle Energy Alliance, LLC$6.7B
26Northrop Grumman Systems Corp.$6.7B
27Texas Workforce Commission$6.5B
28Honeywell Federal Manufacturing & Technologies, LL...$6.4B
29North Carolina Department Of Public Instruction$5.8B
30Government Of The Virgin Islands$5.4B

Showing 30 of 30 results