Federal health officials warned Tuesday that the new coronavirus will spread much more than it has in the U.S., and financial investors continued their repricing down of assets as a result. Equities fell another 3% or so. Politicians, meanwhile, were repricing upward their chances of another burst of new federal spending.

The Trump Administration on Monday sent Congress a request for $2.5 billion in spending to combat the virus that began in China. The government is now spending some $40 million to $50 million a month, so…

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