Business Daily - US evictions crisis?
Millions of Americans face loss of benefits and eviction, threatening to push the US into a deepening recession, after Congress failed to extend the Cares Act.
Ed Butler speaks to Maryland resident Sifu about her eviction by an aggressive landlord, while Alieza Durana of the Eviction Lab at Princeton University explains the broader impact of the lapsing legislation on tenants throughout the country.
Michael Strain of the American Enterprise Institute think tank gives his free-market take on the effectiveness of the Cares Act and President Trump’s intervention to keep some level of benefits going. Plus Moody's chief economist Mark Zandi says the political deadlock in Washington risks economic depression.
(Picture: Banners against eviction in Washington DC; Credit: Eric Baradat/AFP via Getty Images)
Published on Wednesday, 12th August 2020.
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