Isn’t there $1.2 trillion remaining from appropriations under auspices of a Covid-19 declaration of a national emergency, which remains unspent??? Money priorly allocated to states, which still hold that unspent balance? The EOs merely direct the spending direction for available funds already approved for emergency aid?
Treasury is sitting on $1.8 trillion in cash balance, conjured from issued T-bills over the prior three months. See page 9:
https://services.rabobank.com/publicationservice/download/publication/token/rCsg9NGndF04HlSAGxa4
sounds good to me