U.S. Borrowing Trillions For Coronavirus Stimulus: How To Fund The Debt Without Crippling The Economy

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On WhatsAhead, Steve breaks down the Treasury Department’s plan to utilize $3 trillion this quarter to pay for new coronavirus rescue programs and what that means for the economy

Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.Steve’s newest project is the podcast “What’s Ahead,” where he engages the world’s top newsmakers,Steve Forbes is Chairman and Editor-in-Chief of Forbes Media.

Reviving America: How Repealing Obamacare, Replacing the Tax Code and Reforming The Fed will Restore Hope and Prosperity co-authored by Elizabeth Ames . Steve writes editorials for each issue of Forbes under the heading of “Fact and Comment.” A widely respected economic prognosticator, he is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate.

 

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So I guess this means we'll have pissed away $5 trillion before the second wave hits, which we know WILL hit thanks to a botched re-opening to take place between now and Memorial Day? TrumpCult RepublicanCult WallStreetFucksMainStreet

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We NEED 2 wrap Bill Murray in Bubble Wrap and protect him at ALL Costs!!! Cause the World NEEDS Bill Murray...NOW MORE THAN EVER!!! Save Bill Murray from Coronavirus!!!

Bookmark this tweet for when bread costs $100 a loaf, because they aren't going to take Steve's advice.

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