In a new Podzept podcast Brett Ryan, Senior US Economist, Frank Kelly, Head of Governmental and Public Affairs, US & Latam and Luke Templeman, Thematic Analyst discuss the US economy, in particular what President Biden has done in his first 100 days in office, including the enormous fiscal stimulus package. Is the package politically possible as Washington looks forward to mid-term elections next year?
Here are a few of the questions that are discussed:
- What are the most important parts of the plan - in particular, the green elements?
- There is talk of financing the plan with capital gains tax and other corporate taxes. What are the splits in terms of taxes and fiscal deficit spending?
- President Biden has started his term with a whirlwind of activity, including considerable funding into tax enforcement and other areas. There is a desire to have an open discussion with Republicans, while at the same time Biden signed a flurry of executive orders in his first 100 days. How is the President going to push his massive program of proposals through Congress?
- It is clear that Washington is looking at how these proposals could impact the mid-term elections in November 2022. What are your thoughts?