Bidenomics: President Biden's Economic Agenda

The Goals of Bidenomics

President Biden's economic agenda, known as "Bidenomics," aims to achieve several key goals, including:

• Stimulating economic growth
• Creating jobs
• Reducing income inequality
• Addressing climate change

Key Pieces of Bidenomics Legislation

President Biden has proposed several pieces of legislation to achieve the goals of Bidenomics, including:

• The American Rescue Plan
• The Build Back Better Act
• The Infrastructure Investment and Jobs Act

The American Rescue Plan

The American Rescue Plan was a $1.9 trillion economic stimulus package that was passed in March 2021. The plan included direct payments to individuals, expanded unemployment benefits, and funding for state and local governments.

The Build Back Better Act

The Build Back Better Act is a $1.75 trillion social spending and climate change bill that was passed by the House of Representatives in November 2021. The bill is currently being considered by the Senate.

The Infrastructure Investment and Jobs Act

The Infrastructure Investment and Jobs Act is a $1.2 trillion infrastructure bill that was passed by Congress in November 2021. The bill provides funding for roads, bridges, broadband, and other infrastructure projects.

The Impact of Bidenomics

The impact of Bidenomics is still being debated. However, some economists have argued that the American Rescue Plan has helped to stimulate economic growth and create jobs. The Build Back Better Act and the Infrastructure Investment and Jobs Act are expected to have a significant impact on the economy in the coming years.