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CNN CNN Newsroom With Poppy Harlow and Jim Sciutto June 4, 2024 14:51:00

As well as other elements of the american rescue plan. today the u.s. is the only major advanced economy with the oecd projections of future output are higher today than they were in january 2020 before the pandemic hit. and america was ranked first in bloomberg s covid resilience ranking. none of this happened by accident. again it is a direct result of the american rescue plan. and at the time, people questioned whether or not we should do that, even though we don t have bipartisan support. well it worked. in february, the congressional budget office projected 2021 economic growth would be 3.7%. yesterday they doubled that number to 7.4%. in large part thanks to the american rescue plan and our work to defeat the virus. the last time the economy grew at this rate was in 1984 and ....

Rescue Plan , Future Output , Resilience Ranking , January 2020 , Congressional Budget Office , 3 7 , 7 4 ,