Goldman Sachs Predicts Another $1 Trillion in Federal Fiscal Aid Is Coming
Congress has already approved close to $2.7 trillion in fiscal aid to states, businesses, and individuals to cushion the blow of the coronavirus pandemic. And according to a new report from Goldman Sachs (NYSE: GS), another $1 trillion could be coming out of Washington in the next two fiscal years.
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As an article on that report in The Fiscal Times notes, the first $2.2 trillion disbursed by Congress earlier this year included $500 billion in aid to struggling companies; nearly $350 billion in small business loans; beefed-up unemployment benefits, and stimulus checks sent directly to tens of millions of Americans, among other benefits.
Source Fool.com
