Biden signs $1.9 trillion COVID relief bill
Marking a year of loss and disruption, President Joe Biden on Thursday signed into law the $1.9 trillion relief package that he says will help the U.S. defeat the coronavirus and nurse the economy back to health. (March 11)
If the most telling scorecard of a U.S. presidency is the economy, then President Joe Biden deserves high marks for his first 100 days.
It’s a small sample, of course – featuring data for just a couple of months – but measures of job growth and retail sales pointed to a booming economy in March. And analysts say that’s likely just the beginning of a historically robust year.
Much of the surge can be traced to growing COVID-19 vaccinations – with 40% of the population having received at least one shot, according to Goldman Sachs – a leveling off of virus cases, and the lifting of business restrictions in many states. And don’t forget the nearly $4 trillion in…