Reports

22 أيار 2020, 15:30
CNBC Jacob Pramuk
Economic recovery from coronavirus is a ‘long way away

Former Vice President Joe Biden said Friday that an economic recovery from the coronavirus pandemic looks “a long way away.” 

In an interview with CNBC’s “Squawk Box,” the apparent Democratic presidential nominee criticized the 2017 Republican tax cuts and questioned what the U.S. could use the lost revenue for as it combats an economic crisis.

“Imagine if we had that $2 trillion now as we go into, God willing, a recovery which is a long way away as I see it right now,” Biden told CNBC’s Andrew Ross Sorkin in describing his plans to raise capital gains taxes and roll back the GOP plan.