President Joe Biden probably won’t get everything on his economic-recovery wish list, Goldman Sachs economists said Sunday.
Despite passing $1.9 trillion in new stimulus just one month ago, the White House is already prepping another massive spending effort. The president unveiled the $2.3 trillion American Jobs Plan in late March and is reportedly teeing up another package that would set the two plans’ combined price tag at roughly $4 trillion. Biden also proposed a handful of tax hikes set to offset the spending measures’ hefty costs.
