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Biden’s First Budget Signals Deficits Don’t Matter

May 29, 2021 · 9:37 am ET · Leave a Comment

Washington Post: “Many of the initiatives Biden wants to spend more on are popular with the public. He’s calling for more money for education, research, roads and bridges, high-speed Internet for all, universal pre-K, safety-net programs and expanded home health care for the elderly. All together, Biden is proposing the kind of massive expansion of the federal government’s role in the economy not seen since World War II. And, initially, it would be largely funded by borrowing money.”

“At heart, Biden’s budget is a clear statement that many Democrats no longer worry about deficits.”

Wall Street Journal: What’s in Biden’s budget plan.

Budget & Taxes

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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