By Adam Sharp On Tuesday, Larry Kudlow, director of the U.S. National Economic Council, said that the size of the stimulus package being debated in Congress will reach $6 trillion. Of that $6 trillion, $2 trillion is coming in the form of direct aid to individuals, small businesses, the airline industry, midsized companies and more. The remaining $4 trillion comes in the form of lending power for the Fed.
Assuming the bill is signed into law, the cost of this package will be larger than the annual U.S. federal budget, which was expected to come in at around $4.3 trillion this year.
And I don’t …read more
