How will the US Government survive borrowing trillions from the Fed?
The borrowing capacity of the US, especially in this era of almost zero interest rates, is virtually limitless, so no short term crisis. In the long term it would be prudent to raise taxes somewhat, both to get the deficit down and to enable additional prudent borrowing on growth-enhancing infrastructure (education, health, transport, innovation, e.g.) and to better prepare for the next pandemic. Rethinking unemployment insurance, sick leave and other elements of the labour infrastructure would also be wise, as would wholesale reform of health care to bring its cost down and its average quality and accessibility up to what other countries achieve. (There is no good reason to be paying 15% of GDP for health care that is controlled by private insurance and hospitals when Canada pays 10% for better and fully universal care.) It's all affordable but it means the end of the Republican con: that you can buy all that a government might provide, that governments are by nature incompetent and that taxes are evil. They have been telling you that for thirty years, while also arguing as deficit hawks when Democrats were in power. This pandemic is a fobiddingly effective demonstration of how wrong the assumptions behind the Republican ideology are.