“President Biden and his team have entered a ‘do more with less’ phase of his economic agenda, dictated by the political realities of a closely divided Congress,” the New York Times reports.
“Biden aides say they have found creative ways to stretch federal dollars, often by leveraging private investment, in order to maintain the president’s top goals for his economic program. But they have had to scrap other targets as a result, and Mr. Biden is now barreling toward another round of potentially difficult compromises, this time forced by moderates in his own party, over the second half of his agenda, known as the American Families Plan.”
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