Using the fiscal policy tools discussed in class and in the text, briefly explain what the New York Times means by this statement and whether you agree or disagree. Include at least THREE CONCEPTS that were discussed in our Macroeconomics texts/lectures and UNDERLINE them in your essay :

A recent New York Times article stated:

"Recent debates in the House considered additional tax cuts and tax rebates similar to those enacted two years ago during President Trump's administration.....With the unemployment rate going up and the coronavirus continuing to reap economic havoc, it would most unwise not to seriously consider tax cuts and tax rebates to help consumers and businesses .....Although this will significantly reduce tax receipts and increase the Federal deficit, the Federal Government should borrow money and continue its deficit fiscal policy to increase spending for the small business loans, Affordable Care Act (Obamacare), economic stimulus, Medicare, Social Security, and other programs. A deficit is a small price to pay for economic stability."