This morning, Speaker Pelosi said this stage (Stimulus Plan in front of them now) is “emergency mitigation” and the next stage (Phase 4-to come) is “recovery” & the next round of relief must refresh meal assistance for needy Americans and funnel more cash to states and
2- local governments that will be unable to balance budgets. There may be another round of direct payments to come in Phase 4. And that Fed Chair Powell told her to “think big” because interest rates are low-in other words, money is cheap, so get ready to spend.
3-On Bloomberg TV today Pelosi said Congress would begin working on creating “good-paying jobs as we go forward, perhaps building the infrastructure of America.” She's optimistic. I hope she'll be successful in these efforts. #ThursdayMotivation
