Biden’s $1.9 Trillion Win on Covid Aid Hobbles Rest of Agenda
- No decent economic justification seen for stimulus checks
- Inflation surge has dimmed appetite for major new spending
Joe Biden
Photographer: Al Drago/BloombergThis article is for subscribers only.
There’s little doubt President Joe Biden had it right when he called the $1.9 trillion pandemic relief package that Democrats rammed through Congress a year ago one of the most consequential in U.S. history.
The trouble is that he didn’t envisage some of the consequences.