President Biden is already aiming for a new stimulus package, just after forcing through a huge $1.9 trillion bill.
During an interview this weekend, White House press secretary Psaki told reporters that the Biden team is planning to introduce a program focused on recovery.
“When the president pushed for the American Rescue Plan, he mentioned that this was two stages, rescue first and then recovery,” Psaki said.
Psaki went on to say Biden will announce a part of this plan this week, which will be about infrastructure.
Democrats are currently working to pass a “jobs and infrastructure” bill, which might cost up to $3 trillion.
Meanwhile, the national debt is estimated to double in the next 30 years. Currently, it sets at more than $28 trillion.
Author: Scott Dowdy