4min chapter

Odd Lots cover image

Jared Bernstein on Taxes, Spending, and Why President Biden Wants to 'Pay for It'

Odd Lots

CHAPTER

Are the Tax Increases a Political Opportunity?

The president's view that a longer term, or more permanent proposals should be paid for. Reversing those investments is the point ofof the building back better egenda. By contrast, look at medicare and social security which have held up relatively well because they have dedicated funding sources. And one of the reasons why those investments alt is because they don't have reliable funding sources.

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