What are the arguments against additional federal fiscal spending in the next three months? Timeline is...

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Economics

What are the arguments against additional federal fiscalspending in the next three months? Timeline is today's currenteconomic and political climate. Thorough answer please, Thankyou.

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The US is facing a increasing epidemic of COVID19 which took the lives of some 46000 Americans and infected more than 828000 people in all 50 states In response the US has introduced a number of initiatives including travel bans social distances declaration of state of emergency closing of schools bars and restaurants and increased monitoring US 484 billion Paycheck Safety and Health Care Enhancement Act The act provides I US 310 billion in new forgivable loans from the Small Business Administration and incentives to help small businesses retain workers ii US 60 billion in grants from the Small Business Administration to support small businesses iii US 75 billion for hospitals An estimated US23 trillion around 11 of GDP Coronavirus Aid Relief and Economy Security Act CARES Act The Act includes i US250 billion to provide See Answer

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