US economic meltdown: Economy At Risk Of 'Absolutely Tanking,' Biden Says
Vice President-elect Joseph Biden said the U.S. economy is in danger of "absolutely tanking" and that a second stimulus package of up to $700 billion will be needed. Biden told his remarks to ABC's George Stephanopoulos, and the interview will be aired on his Sunday morning talk show, "This Week with George Stephanopoulos."
"There is no short run other than keeping the economy from absolutely tanking. That's the only short run," Biden told Stephanopoulos.
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