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Bharat Ramamurti
BharatRamamurti
THREAD: In the coming weeks, the Fed and Treasury could choose to deny the Biden Administration more than $1 trillion of potential aid to small businesses and local governments. We
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The Fed continues to offer contradictory rationales for treating state and local governments worse than private companies. The truth is that nothing is stopping the Fed from offering more help
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The Oversight Commission has released its second report on what’s happening with half a trillion dollars of the public’s money. Here are highlights from the report--including some important admissions from
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Thank you @SenSchumer. The Commission oversees $500B in taxpayer money -- more than total projected federal spending on Medicaid and education this year. I look forward to working with my
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The CARES Act gave the Treasury Department at least $454B to use to support the economy. The Treasury and the Fed just announced how they will use $195B of it.
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