Democrats race for Covid aid that could still reach Americans late
A few weeks ago, it looked like Andrew Cuomo was on track to break a New York curse and make it past a third term in office. But now, roiled in a Covid scandal, his political future is looking less certain.
And getting aid money out quickly is crucial to keeping the economy afloat after the hit it took from the coronavirus, economists warn, given that any lapses in assistance will lead to a drop in consumer spending. Spending among low- and middle-income Americans who are receiving stimulus checks and unemployment benefits is slightly higher than it was before the pandemic, heavily bolstering the economy even though 10 million people remain unemployed.
“When people talk about how startlingly strong the rebound was out of the depths of the initial part of the crisis, that was…