Biden Says His $3.5 Trillion Spending Plan Won’t Stoke Inflation By Bloomberg
(Bloomberg) -- President Joe Biden sought to assure Americans his $3.5 trillion spending plan won’t trigger inflation, challenging a key Republican objection to his plan. “If your primary concern right now is the cost of living, you should support this plan, not oppose it,” Biden said Wednesday at the White House. Biden said his plan would lower drug prices and other costs for average Americans, and quoted economists and others to help make his case. The Senate advanced Biden’s agenda on Wednesday by passing a $3.5 trillion budget blueprint over unified Republican opposition. It opens the...
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