Political Repercussions of Financial Bailouts

To rescue the American economy in the coronavirus crisis, Congress is on the verge of adopting the most expensive stimulus bill in U.S. history. But how much is the battle over this measure being influenced by the last financial crisis? Guest: Julie Hirschfeld Davis, the congressional editor of The New York Times. For more information on today’s episode, visit nytimes.com/thedaily.

Background reading:

• The bill promises a $1,200 payout to millions of Americans, increased jobless aid and grants to save small businesses from permanent closure. Here’s what it means for you.

Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.