Positive economic outlook supports Biden’s deficit push

The White House is relying on its recently released budget — including economic forecasts — to argue that President Biden’s policy proposals are fiscally responsible.

However, the proposed budget projects US economic growth and inflation trajectories that are rosier than current forecasts by some outside analysts. That’s partly because the White House finalized its forecasts last November. But even compared to other forecasters’ expectations at the time, the Budget’s projections for long-term economic growth are also higher.

https://www.wsj.com/articles/upbeat-economic-outlook-aids-bidens-deficit-push-11648724581?mod=pls_whats_news_us_business_f Positive economic outlook supports Biden’s deficit push

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