Coronavirus Bailouts Will Cost Taxpayer Hundreds of Billions of Dollars
The U.S. has already pledged almost $3 trillion to save Americans and the economy from the coronavirus pandemic. About 60% of the money for businesses large and small and direct payments to people are in the form of grants, which are funds that will not be recovered by taxpayers. Scott Newsome, PhD candidate at the University of California Santa Cruz, joins us for how the coronavirus bailout will cost us hundreds of billions of dollars. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com See omnystudio.com/listener for privacy information.
