Through massive pandemic aid, the 2020 CARES Act ballooned the federal deficit. With spending far exceeding revenue, the difference was $2.8 trillion: Now, President-elect Biden has proposed a new $1.9 trillion relief package. It includes payments to Americans who…
Why the Same $600 Stimulus Check Is Really Different
Instead of per capita income, we can compare U.S. states’ standard of living and wind up with different results.