Politicians: Don’t Use Crisis to Advance Your Special Interest

Congress is negotiating a deal on a Coronavirus stimulus package that still needs to pass both chambers of Congress. Politico reports, “As negotiations progress, the size and scope of the package appeared to steadily increase. The price tag of the legislation is now expected to exceed $1.3 trillion, according to National Economic Council Director Larry Kudlow. The total size of the package, including loans from the federal government, would likely exceed 10 percent of GDP — roughly $2 trillion, he said. That would include a payroll tax holiday for small businesses.”