White House officials are carefully watching the economic impact of the latest coronavirus surge, as concerns mount both at home and abroad that surging caseloads could again lead to restrictions that hurt growth and jobs.
At this point, Biden administration officials have not requested additional federal funding as the omicron variant rapidly spreads. And they are optimistic that the March 2021 stimulus package provides policymakers with the financial flexibility to mitigate the economic damage that might be caused by the new variant.
