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Sen. Pat Toomey, R-Pa., however, noted that 18 states have unemployment rates below 5% and argued that incomes have recovered to pre-pandemic levels.
Fed's Powell: Recovery incomplete, high inflation unlikely →
Sen. Pat Toomey, Pennsylvania Republican, said the economy is much improved from last year, and there isn’t a need for the $1.9 trillion relief bill working its way through Congress.
Jerome Powell says economy is 'a long way' from full recovery →
