Lessons From Congress' Last Experience Helping Rescue An Economy In Free Fall
Congress isn't known for passing broad legislation quickly. Its response to the 2008 economic crisis has parallels with the coronavirus — and this period could also mean political blowback for some.
When Congress voted last month to approve the largest legislative package in modern history most lawmakers were already saying that the $2.2 trillion coronavirus relief bill wouldn't be enough to save the economy.
Now, less than three weeks later, talks are stalled over a White House request to refill the nearly empty coffers of the small business loan program. Democrats and Republicans are sparring over when and how to pass the money they all agree must be spent.
This kind of fight is all too familiar to those on Capitol Hill who legislated through the last financial meltdown in 2008 and
