Do State and Local Governments Really Need $350 Billion in Aid?: President Biden’s anti-coronavirus stimulus plan has faced some push back.
by Rachel Bucchino
Democrats and the Biden administration have repeatedly pushed for the passage of the American Rescue Plan, a $1.9 trillion stimulus package that they claim will save the United States from the seething coronavirus crisis.
In efforts to swiftly pass the bill, Democrats are working to jam through the proposal via budget reconciliation, a legislative process that wouldn’t require a single Republican vote. . .
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Dr. Wayne Winegarden, a senior fellow in business and economics at the Pacific Research Institute, said that considering the bureau’s data and “the $360 billion already spent, all states are in a better financial position today then before the pandemic. This does not mean that difficult financial trade-offs are necessary, but these are always necessary.”