Page 2 - Cato Chris Edwards News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Now that the Senate has decided to avoid the pesky issue of calling witnesses in an impeachment trial, Congress will get back (after the break) to legislative business, and the first order of business will be President Joe Biden’s $1.9 trillion (with a T) “American Rescue Plan.” Congress got the ball rolling on the plan when both chambers passed a 2021 budget resolution instructing various committees to come up with their respective pieces of a final bill that would include up to $1.9 trillion in new spending and revenue loss (tax cuts). Those bills were released late last week, so this will not be a deep dive into every little detail (thank goodness). Instead, today we’ll focus on the bigger picture, including the debate that’s erupted about the plan’s size, timing, and effects, and try to answer one simple question: “what, exactly, are we rescuing here?”

New yorkUnited statesJerome powellJeff mironNeil irwinOlivier blanchardJay shambaughJoe bidenMarc goldweinGene sperlingCato chris edwardsJohn harwoodMilton friedmanGamestop corpT american rescue plan congressAmerican action forum