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Ezra Klein column: Democrats, repeat after me: Help people fast

Ezra Klein column: Democrats, repeat after me: Help people fast
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Biden's Economic Plan Will Test Republican Taste for Dealmaking


Biden’s Economic Plan Will Test Republican Taste for Dealmaking
By
Joe Biden Photographer: Jim Watson/AFP/Getty Images
(Bloomberg) President-elect Joe Biden on Thursday will unveil a Covid-19 relief package rivaled in size only by last year’s $2 trillion Cares Act, in his first legislative test in the face of a split U.S. Senate and a deteriorating economy.
Transition officials developed a proposal with Democratic lawmakers and their staff in recent days that’s anticipated at at least the $900 billion of December’s bill, with incoming Senate Majority Leader Chuck Schumer pressing for more than $1.3 trillion.
Biden last week put the “entire package” at “trillions of dollars,” and many Democrats believe it will be as much as $2 trillion, while others expect the coronavirus-only portion will fall closer to $900 billion. That means that other spending could take the package to the higher end of the various estimates. Treasu ....

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