Rising U.S. debt may be blamed for no coronavirus stimulus checks yet
Americans should have got their second stimulus check by now had things gone as expected. However, there are no signs of stimulus checks yet, thanks to differences between the Democrats and Republicans. One of the reasons for the differences between the two sides and the fact that there aren’t any more coronavirus stimulus checks yet is the rising U.S. debt.U.S. debt at record levelsA report from the Congressional Budget Office (CBO) earlier this month noted that the U.S. debt is estimated to grow bigger than the size of the U.S. economy. The coronavirus relief spending is partly responsible f...