Biden’s Big Economic Gamble

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Manage episode 302974875 series 248
By WNYC Studios and The New Yorker, WNYC Studios, and The New Yorker. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Even before his election, Joe Biden described the upheaval caused by the coronavirus pandemic as an opportunity to reform the American economy. Now, after months of negotiations, Biden’s trillion-dollar infrastructure plan will soon come up for a vote in the House, and Democrats expect to pass an enormous social-safety-net package through budget reconciliation. At the same time, the federal government is approaching the debt ceiling, and a government shutdown could occur as soon as next week if a stopgap funding bill isn’t passed. The New Yorker staff writer John Cassidy joins Dorothy Wickenden to discuss Biden’s attempt to create a more equitable economy amid some strong opposition within his own party.

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