President Joe Biden can’t rescue the U.S. economy by executive order. But that hasn’t stopped him from trying.
Biden has launched his presidency with a burst of unilateral moves especially focused on shoring up the struggling economy while Congress debates whether to pass his $1.9 trillion rescue package. Biden’s team is clear-eyed about the fact that executive orders alone will do little to stem the crisis or reverse the damage. But they view them as a step in the right direction while they pressure lawmakers to do more.
Biden has been urging lawmakers to move on his American Rescue Plan that includes hundreds of billions of dollars for coronavirus vaccine distribution, $1,400 stimulus checks to working Americans and expanded unemployment benefits, among other policies. But members of both parties have criticized the package as too expensive.
It’s still likely to be weeks or even months, then, before a new bill ultimately makes it to Biden’s desk for signature. And the delay has sparked further discussion over what the president could do on his own to help the economy.
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