07.23.2020 0

Will COVID-19 break the bank as debt jumps $3.3 trillion in 2020 and Congress considers phase four?

Debt up $3.3 trillion since beginning of the year as Sen. Rand Paul worries Phase Four will spend ‘another $1 trillion we don’t have’:
http://dailytorch.com/2020/07/debt-up-3-3-trillion-since-beginning-of-the-year-as-sen-rand-paul-worries-phase-four-will-spend-another-1-trillion-we-dont-have/

The national debt has skyrocketed by $3.3 trillion since the beginning of 2020 amid record spending by Congress in response to the China-originated COVID-19 pandemic, which forced states to shut down their economies as businesses large and small, critical industries, state and local governments and the American people were given massive financial assistance. But after three phases of legislation to address the economy-killing measures to save as many lives as possible, Congress is not through yet, with planned phase four legislation that Sen. Rand Paul (R-Ky.) says he is “alarmed” will spend “another $1 trillion we don’t have.” Will COVID-19 break the bank?
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