What Will Fill a $4 Trillion Hole in the Economy? - News Summed Up

What Will Fill a $4 Trillion Hole in the Economy?


The response was enormous — more than 4,000 of you signed up to participate — so we couldn’t get to all of the questions. It’s happening againSenate Democrats blocked a $1.8 trillion stimulus plan on Sunday, preventing the largest such bill in American history from advancing in the chamber. It was an “eerie echo” of 2008, the NYT reports, when House Republicans initially blocked a Wall Street bailout bill. Democrats are pushing for more protections of unemployed workers and stricter conditions attached to corporate rescue funds. Then it will take time to reconcile a Senate agreement with a House bill.


Source: New York Times March 23, 2020 11:03 UTC



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