worth $500 billion. It did not include direct payments or state budget aid, which McConnell and other Republicans have derided as a "blue state bailout."
The tension around direct payments mainly comes down to Republicans seeking to resume their posture as fiscal conservatives while keeping the economy afloat — paying special attention to the national debt and deficit after they ballooned under President Donald Trump. The incoming president's transition team has been considering using executive powers to immediately tackle coronavirus issues,on Tuesday. "Any package passed in a lame duck session is likely to be, at best, just a start," Biden said. "My transition team is already working on what I'll put forward in the next Congress to address the multiple crises we are facing, especially our economic and COVID crises.
IMHO, the $1,200 stimulus check would do more for the economy than any program for state governments or corporations. People need that money to pay bills, feed themselves, or whatever they need. Consumer spending would take care of the other areas of the economy.
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