Wall Street boogeymen known as ‘bond vigilantes’ have haunted Democrats for decades. But Biden has a chance to exorcise those demons, reshape the economy, and tackle climate change.

Posted May 9, 2021 BusinessMediaguide.Com

President Joe Biden scaring away Wall Street boogeymen, also known as

Summary List Placement

With a multi-trillion dollar relief package and an escalating vaccine rollout behind him, President Joe Biden and his administration have set their sights on the next big thing: his generational climate, infrastructure, and jobs bonanza.

After the swift passage of the American Rescue Plan, it appears that this latest mega-spending bill may prove to be politically thornier — especially around how to pay for the additional $2 trillion in spending. Biden wants to balance out spending in this bill, named the American Jobs Plan, with higher taxes on corporations and the wealthy.

As Treasury Secretary Janet Yellen details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: BusinessInsider.Com