Biden Must Now Make His New Laws Succeed

New York Times: “One vital test Mr. Biden faces is making all his new economic laws work as intended. Much of his economic legacy will depend on how effectively his administration allocates trillions of dollars in spending and tax incentives contained in the economic bills that Mr. Biden signed into law during his first two years in office.”

“Across the White House and several agencies, officials are trying to stretch dollars to meet Mr. Biden’s ambitious goals, including making high-speed internet available to everyone in the country, replacing all lead pipes that carry drinking water and building out a nationwide network of electric vehicle charging stations. In those cases and many others, officials are working with far less money than the president had initially proposed, a side effect of the compromises he accepted to win bipartisan support to enact his agenda.”