The House of Representatives Just Announced a $3 Trillion Stimulus Bill -- Here's Some of What It Would Do
Experts, pundits, and others have been speculating for some time now that Washington would have to deploy yet another large stimulus package if the country was to have any hope of mitigating the economic damage from the COVID-19 pandemic. Even so, the legislation just introduced by the Democratic leadership in the House of Representatives is bolder than most experts had imagined.
The new stimulus bill, as written, would come with a price tag of more than $3 trillion -- about 50% larger than the massive CARES Act that provided stimulus checks, expanded unemployment benefits, and funded loans to businesses of all sizes.
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Source Fool.com
