Economics
Congress Begins Mapping Out Economic Response to Virus Outbreak
- Pelosi convening meeting with committee leaders on plans
- Grassley weighing options for narrowly focused tax cuts
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Members of both parties in the House and Senate are moving to craft legislation aimed at stemming the economic fallout from the coronavirus outbreak, including possible tax cuts and expanded unemployment benefits.
House Speaker Nancy Pelosi plans to meet with top Democrats Monday to begin drawing up a response to the economic disruption caused by the coronavirus outbreak, which is already threatening to stall growth.