Friday, 29 Nov 2024

Biggest government intervention since WWII to pull US out of deep hole

WASHINGTON – President Joe Biden’s US$1.9 trillion (S$2.6 trillion) Covid-19 “American Rescue Plan” stimulus is the largest government intervention in the US economy since World War II.

The Bill, passed by the Senate over the weekend, is up for a House vote this week, and is expected to pass. President Biden will sign it soon after.

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