• Here's the Democratic wish list after Biden's 'go big' stimulus

    10 days ago - By Business Insider

    Summary List Placement A week before taking office, President Joe Biden unveiled his $1.9 trillion American Rescue plan. The week before he took office, the plan became the source of nearly every discussion and debate occurring on Capitol Hill and in the White House.
    But now, there appears to be an end in sight and a pathway for the plan to be passed at the end of February , and Democrats are beginning to set their sights on the next big issues to tackle in helping the economy recover from the pandemic.
    Democrats plan to use budget reconciliation to pass the stimulus plan, which means that...
    Read more ...

     

  • Biden's 'go big' stimulus has kicked off a huge debate about just how big a hole the pandemic punched in the economy

    Biden's 'go big' stimulus has kicked off a huge debate about just how big a hole the pandemic punched in the economy

    10 days ago - By Business Insider

    President Joe Biden speaks as he meets with Senators from both parties on the critical need to invest in modern and sustainable American infrastructure in the Oval Office of the White House on February 11, 2021, in Washington, DC.
    Doug Mills-Pool/Getty Images
    Biden aims to "go big" on stimulus to fill a hole in the economy, but experts disagree on the size of the hole.
    Overfilling the hole risks massive inflation, while underfilling it leaves a weak economy.
    Biden, Wall Street, and the Fed see a pretty large hole, while the CBO and moderates see a smaller one.
    Visit the Business section of...
    Read more ...