Crankyhawk
Brownlow Medallist
You can say I told you so if it does happenfair enough. And I used GBP not USD
Biden signs $1.9 trillion Covid relief bill, clearing way for stimulus checks, vaccine aid
The plan will send stimulus checks to most Americans, extend unemployment aid, expand the child tax credit and put money into Covid-19 vaccinations.www.cnbc.com
President Joe Biden signed the $1.9 trillion coronavirus relief package on Thursday afternoon.
Biden urges Republicans to back $2tn infrastructure plan: ‘Inaction is not an option’
President says package essential to preserve US economic status and lauds ‘blue-collar blueprint for increasing opportunity’www.theguardian.com
Joe Biden has made a heartfelt plea for Republicans to work with him on a $2tn infrastructure plan, casting it as essential to preserving America’s superpower status and warning: “Inaction simply is not an option.”
Biden’s Proposed Tax Increases Would Be Largest Since LBJ’s in 1968
Faithful to his campaign promises, President Joe Biden is eyeing steep tax hikes, but despite the claim that the tax increases will hit only the wealthy, they have the potential to slow the pandemic recovery for every American and make workers less competitive. Biden’s proposed tax hike could...www.heritage.org
Biden’s big fiscal gamble on America’s future
Many obstacles stand in the way of the president’s infrastructure billwww.ft.com
Nobody can be sure whether Biden’s roughly $5tn in new spending will lead to runaway inflation
As a share of the US economy, Biden’s fiscal expansion is many times larger than Lyndon Johnson’s “guns and butter” spending, which ushered in the nation’s most recent era of high inflation.