The Long-Term Cost of Stimulus Spending
by Sandra Block, Senior Editor, Kiplinger's Personal Finance
Jun 04, 2020
2 minutes
Maya MacGuineas is president of the Committee for a Responsible Federal Budget, a nonpartisan, nonprofit organization.
The federal government will borrow a record $3 trillion in the second quarter to combat the COVID-19 pandemic and resulting economic downturn. Are you concerned about these unprecedented levels of federal debt? This is a time when borrowing is
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