Should We Really Be Worried About Too Much Covid Relief?
Critics have had a heyday picking apart Biden's pandemic recovery plan, but there are simple fixes to most objections.
Child tax credits won’t lead to workforce drop outs.
Photographer: Kena Betancur/AFP via Getty Images
President Joe Biden’s $1.9 trillion Covid-19 relief bill is an ambitious piece of legislation. Not only would it mail out $1,400 checks to a large segment of the American populace and provide generous benefits to people who lost income during the pandemic, it would raise the minimum wage to $15 an hour and expand America’s welfare state with a substantial child tax credit.
Given its bold nature, it’s not surprising that it's drawing criticism from many quarters. But none of those critics has scored a knockout blow so far because there are easy answers to many of the objections.