As the economic toll of the coronavirus pandemic escalates, support is growing for immediate economic relief for the millions of Americans whose lives have been upended. Utah Senator Mitt Romney has proposed sending a one-time infusion of $1,000 to every American adult during the crisis, while Trump Administration officials are also weighing the idea of direct cash payments to Americans.
While one-time “ stimulus checks ” are an option— as they were in the immediate aftermath of the 2008 financial crisis—many Americans are going to need longer-term support to weather the coming financial storm. Rather than a single shot of […]
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