Biden addresses the economy and pushes for further spending. - News Summed Up

Biden addresses the economy and pushes for further spending.


Biden addresses the economy and pushes for further spending. The spending he has proposed, Mr. Biden said, “won’t increase inflation. “Our economy has come a long way over the last six months,” Mr. Biden said. Mr. Biden dismissed a question from a reporter after the speech about the potential for unchecked inflation, which he said no serious economist foresees. Mr. Biden and his aides have sought to avoid igniting the same kind of backlash by working quietly to begin reducing the prison population again.


Source: International New York Times July 19, 2021 12:48 UTC



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