Author Topic: Kudlow: White House eyeing war bonds to pay for federal coronavirus response  (Read 437 times)

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Kudlow: White House eyeing war bonds to pay for federal coronavirus response
by Jay Heflin
 | April 06, 2020 12:48 PM



White House National Economic Council Director Larry Kudlow said Monday that the administration is looking at war-type Treasury bonds to finance measures to combat the coronavirus.

“As far as I’m concerned, I think it’s a great idea,” he told CNBC, adding that “this is a time, it seems to me, to sell bonds and raise money for the war effort — in this case, the pandemic effort.”

Kudlow said the bonds would be long term and would be an effort to “keep families and individuals and business afloat. … This would be a long-term investment into the future of American health, safety, and the economy.”

Kudlow said he would take the idea of war-type coronavirus bonds to the president.

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https://www.washingtonexaminer.com/news/kudlow-white-house-eyeing-war-bonds-to-pay-for-federal-coronavirus-response
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We're all going to pay for it with devalued dollars.

Everyone who has saved with cash in the bank will be paying the most.