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Record $2 Trillion Stimulus Risks Falling Short of Full Relief

  • Timing of direct payments to Americans remains an issue
  • Further aid may be needed to help range of people, business
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Blinder Says Another Fiscal Stimulus Package Is a 'Better Than 50-50 Bet'
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The record U.S. stimulus package provides much-needed aid to small companies and Americans hit hard by the coronavirus, but it won’t prevent a big short-term hit to the economy and a dramatic rise in unemployment.

Shortly after midnight Wednesday, the White House and Democratic lawmakers said they reached agreement on a $2 trillion bill aimed at limiting the economic hit of the outbreak. The Senate may vote later in the day; it would still need to clear the House and be signed by President Donald Trump.