Handing out checks gives ‘no overall economic benefit’
The U.S. Senate, with significant prodding from the Trump administration, is working on a plan to directly provide cash assistance to millions of Americans amid the economic fallout from the COVID-19 pandemic. Experts in economics and finance from Washington University in St. Louis’ Olin Business School weigh in on how it could help housing and households and maybe pay some bills — but still not answer the problems at hand.
Washington University awarded $80 million in stimulus grants
Washington University has been awarded nearly $80 million in funding from the 2009 American Recovery and Re-investment Act to support research across a broad range of projects, including cancer, Alzheimer’s disease, renewable energy, diabetes and climate change.