Sanders and Schumer Respond to CBO Estimate Pandemic May Cause $16 Trillion in Long-Term Economic Harm
WASHINGTON, June 1 – Senate Budget Committee Ranking Member Bernie Sanders (I-Vt.) and Senate Democratic Leader Chuck Schumer (D-N.Y.) released the following statement on the Congressional Budget Office’s estimate today that U.S. GDP will lose nearly $16 trillion over the next 10 years due to the COVID-19 pandemic: “Last week we learned that over 40 million Americans lost their jobs as a result