The country can't afford the Democrats' coronavirus relief plan

As we have seen in the past few relief packages, Democrats in Congress have shown their willingness to use the COVID-19 pandemic as a pretext for endless spending. The House’s passage of the HEROES Act was no different.

For weeks, House Speaker Nancy Pelosi and her ideological allies have laughed off concerns about the consequences of running up trillions of dollars in additional federal debt. Pelosi and others have maintained that anyone who lifts a finger in opposition to the bill hopes to prolong economic suffering. The assertion that another multitrillion-dollar stimulus bill would assist America’s economic recovery is baseless. In reality, the opposite is true.

According to an analysis by University of Chicago economist Casey Mulligan and FreedomWorks economist Stephen Moore, the provisions contained within Pelosi’s stimulus bill could result in as many as 10 million unemployed workers not returning to their jobs in 2020. While some federal spending is necessary to combat the economic difficulties that have resulted from the COVID-19 pandemic, the irrationality of recent proposals cannot be overstated. The HEROES Act, with a price tag of over $3 trillion, would do far more harm than good if signed into law.