COVID Relief Spending

Yellen Admits COVID Relief Spending Contributed to Inflation

U.S. Treasury Secretary Janet Yellen acknowledged in a CNBC interview that the Biden administration's pandemic stimulus spending may have contributed “a little bit” to inflation.

US deficit soars to record $1.7T in six months, fueled by COVID relief spending

Deficit for first half of budget year was up from $743.5B in the year-ago period

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