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How The Next Stimulus Package Could Impact America's Damaged Economy | Forbes

By on August 11, 2020 0 49 Views
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Millions of Americans have received a stimulus check as part of the $2 trillion financial stimulus package known as the CARES Act. As COVID-19 continues to ravage the country, what can citizens expect from a second stimulus check? Future stimulus packages come at a time when the Congressional Budget Office projects that the federal budget deficit will be $3.7 trillion and unemployment will average 14% in the second quarter this year. Forbes’ Jack Brewster and economist James McCann weigh in on what’s ahead for America’s rising debt and struggling economy under the weigh of the pandemic.

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