How will we pay for all this?

The total stimulus package might exceed $4 trillion. Let's ignore any questions of exactly how much it should be and whether any of it should wind up in the pockets of them undeserving darkies or it should all go to a Trump golf resort, the way God intended.

Instead, the question that comes up is, where will the money come from? We were already $1.9 trillion in the hole thanks to the Trump tax cuts. It's obvious we'll have to raise taxes.

We can't do that to the middle class. They're hurting, and this will be a terrible year no matter what. Also, the Trump tax cuts only reduced the middle class's taxes by 2%, so there's no wiggle room.

Therefore, we'll have to raise corporate taxes. They got their taxes cut in half by Trump. Also, billionaires got huge tax breaks.

You reverse the Trump tax cuts, you get half of the cost of the stimulus back right there. And yeah, those poor gigantic corporations are hurting, but they have LOTS more assets, and LOTS more cash on hand, than the poor average schmucks do.

It's not a matter of politics. I know that the Republican view of the primary function of government is to maximize shareholder value, but even they will have to acknowledge that a $6 trillion deficit isn't tolerable. We can't issue enough government debt to cover that--there wouldn't be enough buyers in a global recession.

Maybe we could sell Alaska back to the Russians. Imagine the look on Sarah Palin's face!

4 trillion?   That’s just what Congress is spending..    There’s another 3 trillion of assets being purchased by the FED.

The United States benefits from being the dominant world currency.  And lucky for us there is no other nation of scale that has a better fiscal profile than ours.   To date that means we can keep printing money without consequence.   Some suggest that continue until an alternative presents itself.    

South Korea and Singapore have better balance sheets than the US but they are too small to accomodate all the wealth in the world.   bitcoin?   Your guess is as good as mine.   Gold?   Probably a nice hedge but not enough of that either.    

We’ll just print money like we have for 30 years and cross our fingers the currency doesn’t collapse until some future generation.    

Every dollar that is printed reduces the value of every dollar already in circulation. That's why it's not a solution. It's like turning up the car radio so you can no longer hear the noise coming from the engine.

Nonetheless, I think you're right. Republicans won't admit that Trump's tax cuts for the rich were a horrible idea, so they'll fire up the printing presses.

That will solve one problem, though---the toilet paper shortage. Pretty soon, a dollar bill will only be good for wiping your ass.

True - but the benefit of being a "world" currency is that lots of those dollars land outside the UNited States.   If all of the dollars in existance were exclusively circulated within the 50 states it would probably cost us $20 for a gallon of milk.     Fortunately more than half the existing dollars sit in bank accounts of foreigners all over the planet.

As long as that dynamic is in place we have considerable leeway to print money.  I'm not suggesting thats healthy or responsible.    But its a big reason why or debt is as big as it is without seeing inflation