Category: Talkers

Coronavirus bailouts will cost taxpayers hundreds of billions of dollars – unlike past corporate rescues

by Scott Newsome

The U.S. government has now pledged almost $3 trillion to save the economy and Americans from the coronavirus recession. Most of that is aimed at individual Americans in the form of additional unemployment insurance or the so-called economic impact checks. About $1.2 trillion — and counting — represent bailouts for American companies, large and small. […]