5min chapter

Odd Lots cover image

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

Odd Lots

CHAPTER

Is There a New Environment in the White House?

I think it's pretty clear that in both a sort of the intellectual sphere and the media sphere, there is much less concern about deficits these days than there was ten years ago. Yet that environment does exist more there's more fiscal space, and there's more political space to wield that fiscal space. I feel like we've been here for about ten years already, but in fact, we've only been here for a few months. So we have to move the freight on on different cars at different times. But there, if you look back to the campaign, you'll see many areas that the president has leaned into, and he is just ticking through them with alacrity, with power

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