✉news BusinessEconomy first seen 2 h ago, last 2 h ago, peak #30
Hassett says US still working out from Biden Covid spending
Original: Hassett: 'We're still working our way out from' Biden Covid spending
White House economic adviser Kevin Hassett said the United States is 'still working our way out from' pandemic-era spending passed under President Biden. He tied current economic and fiscal challenges to the Covid relief programs of the Biden administration. The remark frames inflation and budget pressures as legacies of prior spending rather than current policy, likely fueling debate between the two administrations over who bears responsibility for the economy's state.
Why now: A senior economic official is publicly blaming the prior administration's Covid spending for current economic problems, reigniting partisan economic debate.
Kevin HassettJoe BidenWhite House
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