What Congress unleashing fiscal firehose means for U.S. economy

What Congress unleashing fiscal firehose means for U.S. economy

Congress unleashed “the fiscal firehose.” That’s how Wells Fargo analysts characterized the Senate’s $2 trillion stimulus package making its way to the House Friday. Pressured by the brutal economic impact of the coronavirus pandemic, the Senate, known for paralyzing bouts of political dysfunction, settled on a bipartisan path forward and passed the largest economic rescue […]