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5.95%
“The nearly $1.9 trillion relief package heading for House passage Wednesday is projected to help propel the U.S. economy to its fastest annual growth in nearly four decades, reduce poverty and revive inflation,” the Wall Street Journal reports. “The legislation—following trillions of dollars in federal aid last year and arriving amid rising Covid-19 vaccination rates—prompted economists surveyed by The Wall Street Journal in recent days to boost their average forecast for 2021 economic growth to 5.95%, measured from the fourth quarter of last year to the same period this year. That was up from their 4.87% projection last month and would be the U.S. economy’s fastest since a 7.9% burst in 1983.”
61%
A new CNN poll finds poll 61% of America. support the $1.9 trillion economic relief bill proposed by President Joe Biden and expected to pass in the House Wednesday. Biden’s overall approval rate in the poll is 51%.
“Voters may like a president’s policies in the abstract but still think he isn’t doing a good job or that his policies aren’t that effective if those policies aren’t bipartisan. Think of this as the Mitch McConnell theory. … Put another way: The opposition party can guarantee a lack of bipartisan support — and then criticize the president for lacking bipartisan support.”
“There’s a lot of people that could use those checks. I don’t know about needing them, but we could all use them. The debt is so far out of hand that it’s a fantasy number at this point. We might as well just blow it out till everything collapses.”
— Trump supporter Anthony McGill, quoted by the New York Times.
150
“More than 150 senior executives from some of the largest American companies across several major industries have lined up behind President Joe Biden’s $1.9 trillion coronavirus relief package,” CNN reports.