Biden struggles to secure his ‘New Deal’ to transform U.S. economy

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WASHINGTON (Businesshala) – Last October, presidential candidate Joe Biden headed to Warm Springs, Georgia, days before a national election, to compare his ambitions with that of the longest-serving president of the United States. had taken flight.

FILE PHOTO: US President Joe Biden speaks to reporters as Speaker of the House Nancy Pelosi meets Democratic lawmakers at the US Capitol to promote his bipartisan infrastructure bill on Capitol Hill in Washington, US October 1, 2021, by the President See you after meeting. REUTERS/ Tom Brenner

Franklin Delano Roosevelt “would often come back to Warm Springs to think about how to fix the nation and the world,” Biden said, adding that FDR was “the kind of president that our country needs right now.”

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President Biden’s “Build Back Better” agenda, multi-trillion dollar jobs, infrastructure, and the climate plan that’s on thin ice in Congress right now has drawn comparisons to FDR’s New Deal, which created the modern American safety net and great Provided employment to lakhs of people during Depression.

Unlike FDR, Biden’s Democrats have only very thin majorities in the House and Senate.

And he must overcome opposition even within his own party to have any chance of delivering on his promises he made to reduce American inequality, fix its crumbling infrastructure, and help wealthy Americans and companies reduce inequality in the United States. has promised to contribute more to the expenditure. , fix its crumbling infrastructure, and contribute more to what wealthy Americans and companies spend.

This week, Biden will hit the road again to travel to Michigan, a state he flipped from Republican to Democratic in 2020, to advance spending plans. Other White House officials are expected to have fans across the country.

Biden will also invite lawmakers to the White House, aides say, but will not immediately visit two key states where Democratic senators are stifling his agenda – West Virginia and Arizona. Biden aides say any visit there would be viewed as counterproductive.

The programs Biden campaigned on would give the government a bigger role in the economy than it has been in generations. He met fierce opposition from many elected Republicans, but turned out well with the electorate overall.

Investments in childcare, elderly care, poverty reduction, healthcare, education, clean energy, water pipes, roads and bridges had to be paid for with increased taxes on the wealthy and corporations.

“It’s not a plan that tinkers around the edges,” Biden said here in March, describing one of the biggest elements – a $2 trillion infrastructure spending proposal.

“It’s a once-in-a-generation investment in America that we’ve seen or made since we built the Interstate Highway System and the space race decades ago.”

However, Congress has halved the infrastructure proposal to $1 trillion. Here also the proposed tax hike has been reduced. This week, Democrats here will take a stab at a separate $3.5 trillion bill that addresses climate, health care and childcare, potentially halving it as well.

Progressive Democratic Senator Bernie Sanders, chairman of the Senate Budget Committee, told ABC News on Sunday that $3.5 trillion “should be the minimum. But I accept that there will be give and take.”

Promise of ‘Bold Action’

A prominent supporter of Democrats warned Friday that “there could be consequences” if they “fail to deliver on their promise to reform Medicare or lower drug costs.”

The memo from Priorities USA, which last year spent more than $100 million to help elect Biden and other Democrats, said those provisions were most popular among an important group: people on the electoral battlefield who voted in 2016. Did not vote but supported Biden in 2020.

According to the memo, “Democrats followed through on the promise in 2018 and 2020 that once we have a majority, we will take bold action on the real issues facing the American people.” “It’s time to act.”

These voters will be disappointed if the party is forced to further downplay Biden’s promises, former House of Representatives member Cedric Richmond told NBC’s “Meet the Press.” on Sunday.

Some prominent Democratic voters in states like Pennsylvania and Michigan are already agitated by other hot button issues.

Joseph Foster, head of the Democratic Party in Montgomery County, Pennsylvania, a Philadelphia suburb, said, “The response I’m getting from candidates knocking on doors is that voters are concerned about the issue of abortion in Texas and the attack on voting rights. Huh.”

Reporting by Trevor Honeycutt, Nandita Bose and Jarrett Renshaw in Washington; Editing by Heather Timmons


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