In the past 18 months, the US congress authorized more than 25% of GDP in spending to respond to the COVID-19 pandemic. The latest development is the $1.9 trillion American Rescue Plan, promulgated in March by President Joe Biden. The scale of policy support was one of the key factors behind the faster recovery from the COVID-19 crisis in the United States.

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Coface SA published this content on 03 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 10:53:05 UTC.