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Why Biden’s Stimulus Proposal Isn’t Just a Stimulus

There’s been a lot written over the past few weeks about whether President Biden’s $1.9 trillion economic "rescue" package is too small or too big. But an equally important question – and one that underpins the size debate – is what the package should do: Should it be targeted as efficiently as possible to stimulate an economic recovery, or provide quick relief to as many people as possible?