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Today, Explained

Stimulating America

Today, Explained

Vox

News, Daily News, Politics

4.310.3K Ratings

🗓️ 28 July 2020

⏱️ 23 minutes

🧾️ Download transcript

Summary

Democrats and Republicans have a $2 trillion disagreement on how to relieve Americans from the economic crisis caused by the coronavirus. Transcript at vox.com/todayexplained. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Crypto doesn't sleep, so neither do we.

0:04.1

Crack-in client support is available 24-7, 365 days a year by call, chat, or email.

0:11.6

We're here for you whenever you need us.

0:13.8

Give us a shout at crackin.com forward slash support proof, not investment advice.

0:18.8

Crypto trading involves risk of loss.

0:29.3

It doesn't take an astral physicist to work out why Americans need a little extra help right

0:33.4

now.

0:34.4

Four million confirmed coronavirus cases in counting.

0:37.4

The countries in various states have shut down.

0:39.7

Kids are at home, and they may be for a while.

0:43.0

If you have a job, you're lucky.

0:44.9

If you don't, you're living in fear of not making rent or a mortgage payment.

0:49.7

It's all pretty obvious, and that's why the government stepped in to help several months

0:53.2

ago and supplemented unemployment benefits.

0:56.5

But those benefits are set to expire at the end of this week, and Democrats and Republicans

1:03.2

have a $2 trillion disagreement on what to do next.

1:08.5

Matthew Glacius, you dig into these kinds of disagreements for Vox on the Weeds podcast.

1:14.1

Republicans unveiled their big coronavirus rescue package on Monday afternoon.

1:19.5

What are they calling it?

1:20.5

It's called the Heels Act.

1:22.8

It's a great adventure in acronym formation.

1:26.9

That's health, economic assistance, liability protection, and schools.

...

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