What Biden Values

Politico: “One of Biden’s all-time favorite sayings is ‘Don’t tell me what you value; show me your budget, and I’ll tell you what you value.'”

“What Biden values, according to this plan, is a sharp break with the past when it comes to how Democrats think about federal spending. The White House is making it clear that fears about deficits are outdated, any pivot to austerity after the recent surge of spending is a non-starter, and the era of budget caps is over. Biden’s embrace of these views isn’t completely new, but it’s always been a little awkward for him to discuss because it’s an implicit admission of the failure of policies that defined the post-2010 Obama-Biden administration…”

“The Biden presidency is clearly a rejection of almost everything that Trump stood for, but what’s not often stated is that, when it comes to economic policy and federal spending, it’s also a rejection of much of what Barack Obama stood for as well.”