From ABCNews:
Vice President-Elect Joe Biden said the U.S. economy is in danger of “absolutely tanking” and will need a second stimulus package in the $600-billion to $700-billion range.
“The economy is in much worse shape than we thought it was in,” Biden told me during an exclusive interview — his first since becoming vice president-elect– to air this Sunday on “This Week with George Stephanopoulos.”
“There is no short run other than keeping the economy from absolutely tanking. That’s the only short run,” Biden told me. [Read More]
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