Why Biden’s economic team would rather go “too big” on COVID relief

Published: Feb. 9, 2021, 11:32 p.m.

“The issue is that if you do too little, that means that people are going to go hungry,” Bharat Ramamurti, deputy director of the National Economic Council, told “Marketplace” today. We got him on the phone after President Joe Biden and Treasury Secretary Janet Yellen met with top business executives to get support for Biden’s $1.9 trillion COVID-19 relief bill. Also on today’s show: How the end of slavery led to two different minimum wages, a new study on fossil fuels causing premature deaths and small business optimism is at an eight-month low.