Biden and Yellen brush aside inflation warnings in pursuing $1.9 trillion plan for full employment

Published February 11, 2021 11:18am ET



The Biden administration is fighting hard for a historically ambitious fiscal package in the name of lowering unemployment, disregarding warnings from Democratic-aligned economists that their plans would risk runaway inflation.

President Biden is seeking a $1.9 trillion coronavirus relief package to add to the $900 billion measure enacted in December.

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