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Biden’s infrastructure and family plans probably won’t pass until the fall, Goldman Sachs says

Joe Biden

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President Joe Biden’s infrastructure- and family-focused spending plans will become law, just not in their current form, Goldman Sachs economists said Friday.

With stimulus in the rear-view mirror and the country on the mend, the White House has shifted its focus to long-term investments in the economy. Democrats and Republicans continue to haggle on an infrastructure package, with the GOP most recently unveiling a $928 billion counteroffer to the Biden administration’s $1.7 trillion proposal. 

Negotiations have so far been fairly bipartisan, with Republicans meeting with Biden in recent weeks to mull over their respective plans. Yet details ⇒

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