By making plans and commitments about what he will do as president, Joe Biden can start the healing immediately if he wins, even if Trump is uncooperative. jbarro writes
Photo: Roberto Schmidt/AFP via Getty Images President Trump has withdrawn from talks with Democrats in Congress about another economic stimulus package, saying they are asking for too much money for profligate liberal cities and that after he wins reelection, he will turn to passing a great package that will support small businesses.
The biggest missing piece from the CARES Act was truly extensive aid to state and local governments to address the budget shortfalls they face from plummeting tax revenues and added COVID-related expenses. To a large extent, those governments have postponed hard decisions about how to close budget gaps, instead borrowing money and drawing from their rainy-day funds, waiting with the expectation that federal aid will eventually make them whole.
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