U.S.Economy: an infrastructure package to support the recovery [#ExpressEco]
In the past 18 months, the US Congress has authorised more than 25% of GDP in spending to respond to the COVID-19 pandemic.
The latest development is the $1.9 trillion American Rescue Plan, promulgated in March by President Joe Biden.
The scale of policy support was one of the key factors behind the faster recovery from the COVID-19 crisis in the United States.
Which sector will benefit from this package? How will this affect the US and the global economy? Ruben Nizard, our economist for Northern America, explains it all in our Express Eco video!
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