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Biden’s Spending to Drive Faster U.S. Recovery, Economists Say

Joe Biden speaks in Tampa, Florida on Sept. 15.

Joe Biden speaks in Tampa, Florida on Sept. 15.

Photographer: Jim Watson/AFP via Getty Images

Joe Biden’s plans to boost government spending would help the U.S. economy bounce back faster from the coronavirus slump if the Democratic challenger beats President Donald Trump in November’s election, according to two new reports that crunched numbers from the candidates’ platforms.

The pickup in growth will be quickest if Democrats win the Senate as well as the White House, removing an obstacle to increases in social spending and infrastructure that would be “deficit-financed in significant part,” according to a study by Mark Zandi and Bernard Yaros at Moody’s Analytics.