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The Senate just passed a $2 trillion coronavirus relief bill, the largest economic rescue package in US history. Will it be enough to save the economy from collapse? And what will the bailout package mean for the US deficit in the longterm?
AEI’s Michael Strain joined the show to walk us through the ins and outs of the new bill. Throughout the podcast, he explains what the bill means for workers, small businesses, and the US deficit, ending on a note of optimism about our prospects for recovery.
Michael Strain is the Director of Economic Policy Studies and the Arthur F. Burns Scholar in Political Economy at AEI. Before joining AEI, Dr. Strain worked in the Center for Economic Studies at the US Census Bureau and in the macroeconomics research group at the Federal Reserve Bank of New York. He is author of the newly released book, The American Dream is Not Dead: (But Populism Could Kill It).
The post WTH is going on with the coronavirus relief package? Will the $2 trillion bill save us from economic collapse? appeared first on American Enterprise Institute – AEI.
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