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The Independent UK
The Independent UK
National
Via AP news wire

Yellen: Biden pandemic relief law like 'vaccine' for economy

Copyright 2022 The Associated Press. All rights reserved.

Treasury Secretary Janet Yellen told a gathering of America’s mayors on Wednesday that the Biden administration’s coronavirus relief bill was like a vaccine preventing catastrophic economic damage that could have returned the nation to the financial woes seen at the beginning of the pandemic.

President Joe Biden s $1.9 trillion American Rescue Plan “acted like a vaccine for the American economy, protecting our recovery from the possibility of new variants," Yellen said at the U.S. Conference of Mayors’ 90th winter meeting in downtown Washington

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