Why Biden's $3.5 Trillion Spending Plan Would Be Worse for the Economy Than Manchin's $1.5 Trillion Proposal
Reason.com -

Here's a novel idea: if the government engages in less taxing, spending, and borrowing, the negative consequences of all that taxing, spending, and borrowing will be limited.

That's the bottom line from a pair of recent studies that project the long-term economic consequences of the proposed $3.5 trillion reconciliation bill and a more hypothetical $1.5 trillion spending plan offered by Sen. Joe Manchin (D-W.Va). Manchin, who remains a key holdout in Democrats' plans to pass the larger package...

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