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Obama’s former top economist says Democrats should accept a smaller stimulus package now and try to pass a larger relief plan later

Austan Goolsbee

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Austan Goolsbee, a former top economic advisor to former President Barack Obama, told CNN on Sunday that it was better for Democrats to accept a smaller relief package if it meant getting federal aid out the door faster.

Goolsbee, now a professor of economics at the University of Chicago, said many federal protections such as an eviction moratorium are expiring next month, raising the urgency.

“So if they have to accept half a loaf, then they should take half a loaf, and then let’s try to get another half of a loaf,” Goolsbee told CNN’s Manu details ⇒

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