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Stimulus needed as bridge to widely available Covid vaccines

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CNBC’s Jim Cramer urged Congress on Tuesday to quickly pass another piece of coronavirus stimulus legislation, saying key parts of the economy need help until Covid-19 vaccines are widely administered.

“We are so close to getting this economy back on track, but these places that close, they can’t flip a switch and open again. That’s just way of life. You can’t do it,” Cramer said on “Squawk on the Street.”

Cramer’s comments came shortly after legendary investor Warren Buffett implored Washington to extend the Paycheck Protection Program, a key lifeline for small business that Congress created early in the coronavirus pandemic. But the window to apply for PPP loans closed months ago, and…



Source cnbc.com

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