“Nearly four years ago, the Biden administration and Congressional Democrats made a $1.9 trillion bet in the form of the American Rescue Plan. They lost, as it contributed to a surge in inflation that fueled massive voter discontent and Donald Trump’s return to the White House,” Axios reports. “In the next recession, politicians and policymakers may be more hesitant to unleash the type of programs that drove America’s rapid recovery from the pandemic-induced crisis.”
A $1.9 Trillion Bet That Went Bad For Democrats
Taegan Goddard, Political Wire
Sun, 11/10/2024 - 8:22am
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