March 18 2020 1:53pm

Coronavirus outbreak: Chuck Schumer says U.S. ‘almost certainly anticipating a recession’

U.S. Senate Democratic Leader Chuck Schumer on Wednesday warned of an economic recession as the coronavirus spreads through the country. “The coronavirus is slowing our economy to a near standstill and we are almost certainly anticipating a recession,” Schumer said in a speech on the Senate floor. He added that expanded unemployment benefits would be a more effective way of helping workers than a $1,000 check from Washington.

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