BofA: US edging towards super-stimulus

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Via BofA:

As negotiations over the $1.9tr fiscal package continue, we are increasingly focused on the views of key swing voters in the Senate.•Atruly bipartisan deal will likely require support fromthe10 Republicans who have put forward a$618bn proposal.

•The size of a Democrat-only bill will depend on what is acceptable to the most moderate Democrats—most important, Joe Manchin of West Virginia.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.