Congress's coronavirus relief package is a win for McConnell and the economy

Congress finally reached a bipartisan agreement early Wednesday morning to deliver nearly $2 trillion in government relief to a struggling economy.

This massive package is unprecedented but necessary. Indeed, it affected the markets almost immediately. World stocks rebounded nearly 11% on Wednesday morning after the Dow Jones Industrial Average soared well above 11% on Tuesday in its biggest one-day percentage gain since 1933. Market direction can, of course, change very quickly. But Congress’s relief package, which President Trump is expected to sign, has restored some confidence that the economy would be able to withstand the current coronavirus-related downturn and rebound.