Area 45

Daniel Heil: Binge-Watching, Binge-Spending

May 14, 2020

Over the past two months, the federal government has spent an unprecedented $2.6 trillion addressing the COVID-19 crisis, with another $3 trillion in new spending that is up for debate. Daniel Heil, a Hoover research fellow specializing in fiscal policy, explains the short- and long-term effects of “binge-spending” and why any serious conversation about fiscal and entitlement reform is years way at best.

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