Analysis: Biden's $1.9 trillion rescue package offers bridge for hard-hit economy
2021-01-15 10:11:54 source：Reuters
January 15, 2021
(Reuters) - U.S. President-elect Joe Biden’s proposal to pour $1.9 trillion into a hobbled economy could lay the foundation for a surge in jobs and spending that many economists say is needed to avoid long-term damage from a record-breaking pandemic recession.
Analysts had already begun marking up their forecasts for economic growth this year after last week’s elections in Georgia delivered control of both houses of Congress to Democrats.
Many, though, had penciled in smaller packages, more along the lines of the $892 billion stimulus passed in December.
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