States Don’t Need Coronavirus Relief — Yet
Republicans are right to be hesitant about the Democrats’ $3 trillion coronavirus relief bill.
$3 trillion? Really?
Photographer: Graeme Jennings/Washington Examiner/Bloomberg
Two months ago, as Congress considered its initial legislative response to the economic crisis caused by the coronavirus, speed was of the essence. Now a more deliberate pace is called for. That’s why congressional Republicans are right to be hesitant about the $3 trillion coronavirus relief bill that House Democrats unveiled on Tuesday.
The first coronavirus relief bill was remarkable for the bipartisanship and compromise involved. President Donald Trump relented on the suspension of the payroll tax he had championed in favor of the Paycheck Protection Program. House Democrats entrusted the Federal Reserve with a huge lending package for big business. Senate Republicans acquiesced to an unprecedented increase in unemployment benefits.