Includes “The closure of much of the economy was a critical component of the nation’s response to COVID-19. The federal government’s decision to support the individuals and businesses that were affected by the closure was a necessary next step. Fortunately, the Treasury Department has been able to quickly raise the funds needed for the relief legislation at low interest rates; when the economy has stabilized, though, focus needs to return to the country’s underlying fiscal situation.”
Read the full article on: Peter G. Peterson Foundation