President Trump said on Tuesday that the federal government would help the airline and cruise industries. Details, though, are limited. However economic stimulus proposals being batted around Washington are bigger in nominal dollars than 2008’s Troubled Asset Relief Program and the 2009 stimulus law.
When Congress starts talking big dollars, industries line up. After 9/11 Congressman Jim Moran said “It’s an open grab bag, so let’s grab.” And that’s what the travel industry seems to be starting to gear up for.