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MNI BRIEF: Biden Says His Fiscal Plan Will Be Worth Trillions

MNI BRIEF: Biden To Offer Outline of Fiscal Package Next Week
(MNI) WASHINGTON
WASHINGTON (MNI)

U.S. President-elect Joe Biden said Friday that the next fiscal package will be in the trillions of dollars.

The Democrat said "the price tag will be high," adding that the package was increased because the Congress took some emergency 13(3) lending powers away from the Federal Reserve.

"We should be investing in deficit spending in order to generate economic growth," Biden said.

MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com
MNI Washington Bureau | +1 202-371-2121 | evan.ryser@marketnews.com

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