Pimco's Cantril Says Stimulus Bill Will Be Bigger Than Expected

The transcript discusses the anticipated fiscal stimulus package, focusing on its size, timing, and allocation. It highlights the expected extension of unemployment benefits, increased state funding, and liability protections. The conversation also covers the political negotiations and red lines, with an emphasis on the economic and political implications of the stimulus, particularly in the context of upcoming elections.

What factors are influencing the urgency for Congress to pass the stimulus package?

In what ways do the speakers believe the stimulus package will impact the economy?

What are the differing opinions on the payroll tax cut mentioned in the discussion?