Economics
U.S. Economy Is Spiraling and Needs Urgent Action, Biden Aide Warns
- Brian Deese urges $1.9 trillion stimulus passage amid crisis
- Many proposals seen as non-starters for Senate Republicans
This article is for subscribers only.
A top economic adviser to President-elect Joe Biden warned the U.S. economy is “spiraling downward” and called for swift action to address vulnerabilities that the global pandemic has drawn into focus.
Brian Deese, who will serve as director of Biden’s National Economic Council, said Sunday that the incoming administration’s $1.9 trillion spending plan would generate “the kind of robust recovery we need.”