Is President Biden’s $2.3 trillion jobs plan too big? Conservatives are arguing that the package is too expensive and its broad reach is unnecessary.
In order to assess the size and necessity of the bill, it’s important to situate Biden’s jobs plan within a larger federal budget context. Looking at the spending patterns going back decades, the upshot is that the Biden plan is really not all that big, especially given how overdue it is. In fact, progressives have argued that the package, while ambitious in its aims, doesn’t provide enough resources. The plan as proposed is less ambitious than Biden’s campaign proposals, and it already enjoys widespread popularity. There’s plenty of room to make this bill larger, and to make that easier by cutting some of the most egregious uses of federal dollars.
…