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Biden’s budget proposal is ‘the most reckless fiscal policy in the last half-century’: economist

Biden’s budget proposal is ‘the most reckless fiscal policy in the last half-century’: economist

President Joe Biden’s first 100 days in office have been dominated by government spending proposals. On Friday, Biden unveiled his $1.5 trillion “skinny budget” – a precursor to the full annual budget. It comes on top of his $1.9 trillion COVID-relief package and his $2.3 trillion infrastructure proposal. Tyler Goodspeed, former acting chairman of the Council of Economic Advisers under former President Trump, told Yahoo Finance Live all that spending is not prudent at a time when the… Source link

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