2) CASH: There are 247M adults. 70% have < 1k in savings. $1k/adult = $247,813,910,000 or $250 Billion/Month and $2,973,766,920,000 or $3.0 Trillion/Yr,against existing budget of $3.438 Trillion, $4.829T spending w/ $1.4T Debt. So, $1k/adult=.7×2.4T = $173,469,737,000 or $173B.
Source date (UTC): 2020-03-17 16:15:08 UTC
Original post: https://twitter.com/i/web/status/1239948390714224640
Reply addressees: @ezraklein
Replying to: https://twitter.com/i/web/status/1239948318379331585
IN REPLY TO:
Unknown author
@ezraklein 1) They are working on it. Not only what it needs to be but how they have the authority to do it. My understanding is that congress will be the blocking agent.
Original post: https://x.com/i/web/status/1239948318379331585
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