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  • BREAKING NEWS

BREAKING NEWS

Senate passes Trump’s big tax breaks and spending cuts bill as Vance breaks 50-50 tie

ANGUS DEATON


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Economy in crisis: more virus aid or wait and see?

Read full article: Economy in crisis: more virus aid or wait and see?

But Democrats could err if they fail to find ways to reopen the economy, as the job losses are of such a magnitude that the economy could suffer lasting damage. More than half approve of President Donald Trumps handling of the economy, even though 71% described economic conditions as poor. Requests for unemployment aid fell to 3 million last week from a peak of 6.9 million at the end of March. Their message has been that the U.S. economy deserves some time to digest the record financial aid that is already flowing through the economy. Republicans also hope easing stay-home orders will kick-start the economy and reduce the need for more aid.

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