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Biden is not going to get his $1.9 trillion stimulus plan. And that’s okay.

It’s hard to imagine Team Biden ever thought the GOP would swallow whole another $2 trillion in spending just a month or so after Congress passed a nearly $1 trillion relief bill. And it’s not just the total amount of spending. Even Republicans who think, for example, that state and local governments need more financial assistance — and they do — doubt the need for $350 billion of additional help. Same goes for the $3,000 child tax credit. Just too, too much in such an already big proposal. In reality, the humongous Biden plan seems built for potential compromise.

Source:

theweek.com

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