Joe Biden is proposing the most ambitious federal spending program of any major party’s presidential nominee in decades, according to new Wharton research
running as a moderate, rejecting the big-government plans of progressive rivals as unaffordable.
In the general election campaign, he has rolled out his own multi-trillion-dollar platform that a new study finds would push long-term Washington spending to its highest level in decades. The former vice president has proposed a total of $5.4 trillion in new spending over the next 10 years, according toby the Penn Wharton Budget Model, a nonpartisan group at the University of Pennsylvania’s Wharton School. That includes historically high allocations for sectors from education and health to child-care and housing.
Mr. Biden’s proposed budget is more than double that of Hillary Clinton, the 2016 Democratic nominee. It is a fraction of the $30 trillion to $50 trillion spending plans that progressive Sens. Bernie Sanders and Elizabeth Warren laid out during the Democratic primary. But since effectively sealing the nomination in March, Mr. Biden’s plan has grown in response toThe plan also reflects a nod to Mr. Sanders, who has prodded Mr.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden struggling to gain support of Latinos in key battleground state of Florida
Read more »
Bernie Sanders expresses concerns about Biden campaignSanders has urged Biden’s team to intensify its focus on pocketbook issues and its efforts to appeal to liberal voters.
Read more »
Biden going big on tax hikes for the richLast week Joe Biden made a point of saying he would raise taxes on corporations “on day one.” It's more a rhetorical device than a real promise. Because he almost certainly can’t do that.
Read more »