8min chapter

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A run for its money: funding crunches in Congress

Economist Podcasts

CHAPTER

Legislative Turmoil: Biden's Spending Battle

This chapter explores the legislative challenges President Joe Biden faces as critical spending initiatives converge with tight deadlines. It highlights the internal divisions among Democrats regarding the Build Back Better Act, the urgency of finalizing a federal budget, and the looming threat of a government shutdown. The discussion also covers the contentious dynamics surrounding the debt ceiling and the implications of potential financial instability for American citizens.

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