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Pandemic Aid Has Worked Well, Fed Says, But Missed Some People


Pandemic Aid Has Worked Well, Fed Says, But Missed Some People
Unemployment rose into double digits during the pandemic last year.
Star Tribune (Minneapolis, MN)
The coronavirus pandemic was unprecedented in how quickly and deeply it damaged the U.S. economy, as well as in how significantly the federal government responded.
The $5 trillion in COVID-19 relief spending lawmakers have passed in the last year has far eclipsed how much they doled out during the Great Recession and in previous downturns.
So how effective has all this aid been so far?
Economists from the Federal Reserve Bank of Minneapolis tackled that question by examining the research and data available from the first round of relief funding that went out last year. They focused on programs aimed at workers and households such as expanded unemployment insurance, direct payments, the Paycheck Protection Program and the eviction moratorium. ....

United States , Christina Romer , Krista Ruffini , Kavita Kumar , Abigail Wozniak , Revenue Service , University Of California , Federal Reserve Bank , Inclusive Growth Institute , Tribune Content Agency , Brookings Institution , Paycheck Protection Program , Great Recession , Internal Revenue Service , Minneapolis Fed , Star Tribune , ஒன்றுபட்டது மாநிலங்களில் , கிறிஸ்டினா ரோமர் , கிறிஸ்டா ருஃபினி , கவித்த குமார் , பாங்கி வோஜ்ணியக் , வருவாய் சேவை , பல்கலைக்கழகம் ஆஃப் கலிஃபோர்னியா , கூட்டாட்சியின் இருப்பு வங்கி , உள்ளடக்கியது வளர்ச்சி நிறுவனம் , ப்ரூக்கிங்ஸ் நிறுவனம் ,

Pandemic relief has worked fairly well but missed some people, Minneapolis Fed researchers say


Pandemic relief has worked fairly well but missed some people, Minneapolis Fed researchers say
Relief reached many, but economists say it also missed marginalized populations. 
April 3, 2021 8:00am
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The coronavirus pandemic was unprecedented in how quickly and deeply it damaged the U.S. economy, as well as in how significantly the federal government responded.
The $5 trillion in COVID-19 relief spending lawmakers have passed in the last year has far eclipsed how much they doled out during the Great Recession and in previous downturns.
So how effective has all this aid been so far?
Economists from the Federal Reserve Bank of Minneapolis tackled that question by examining the research and data available from the first round of relief funding that went out last year. They focused on programs aimed at workers and households such as expanded unemployment insurance, d ....

United States , Christina Romer , Krista Ruffini , Kavita Kumar , Abigail Wozniak , Revenue Service , University Of California , Federal Reserve Bank , Brookings Institution , Inclusive Growth Institute , Paycheck Protection Program , Great Recession , Internal Revenue Service , Minneapolis Fed , ஒன்றுபட்டது மாநிலங்களில் , கிறிஸ்டினா ரோமர் , கிறிஸ்டா ருஃபினி , கவித்த குமார் , பாங்கி வோஜ்ணியக் , வருவாய் சேவை , பல்கலைக்கழகம் ஆஃப் கலிஃபோர்னியா , கூட்டாட்சியின் இருப்பு வங்கி , ப்ரூக்கிங்ஸ் நிறுவனம் , உள்ளடக்கியது வளர்ச்சி நிறுவனம் , சம்பள காசோலை ப்ரொடெக்ஶந் ப்ரோக்ர்யாம் , நன்று மந்தநிலை ,

Biden's 'Transformative' Plan Redefines 'Infrastructure' to Include Caregiving


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President Biden’s $2 trillion American Jobs Plan proposes a credible down payment on meeting the nation’s long-neglected physical infrastructure needs $621 billion for roads, bridges, public transit, rail, ports, waterways, airports, and electric vehicles and it nods in some meaningful ways to the climate concerns raised by campaigners for a more ambitious Green New Deal. The plan, which the president outlined Wednesday, also seeks vital investments in clean drinking water, housing, and high-speed broadband Internet services. But the boldest component of the president’s agenda is its $400 billion commitment to fund the care infrastructure of a just and huma ....

United States , White House , District Of Columbia , Marc Cohen , Heather Mcculloch , Krista Ruffini , Christian Weller , Beth Almeida , While The National Domestic Workers Alliance , Inclusive Growth Institute , National Domestic Workers Alliance , Service Employees International Union , National Women Law Center , University Of Massachusetts Boston , President Biden , American Jobs Plan , Green New , Ai Jen Poo , New Deal , Elder Boom , Changing America , Wealth Gap , Robyn Stone , Massachusetts Boston , Minneapolis Federal Reserve , Money Follows ,