Home Economy Biden struggles to secure his ‘New Deal’ to transform U.S. economy

Biden struggles to secure his ‘New Deal’ to transform U.S. economy

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WASHINGTON (Reuters) – Last October, presidential candidate Joe Biden flew to Warm Springs, Georgia just days before the national election, to compare his ambitions with those of the United States’ longest-serving president.

U.S. President Joe Biden departs Brew Ha Ha! Cafe and restaurant in Wilmington, Delaware, U.S., October 3, 2021. REUTERS/Ken Cedeno

Franklin Delano Roosevelt “would come back to Warm Springs often to think about how to heal the nation and the world,” Biden said, adding that FDR was “the kind of president our nation needs right now.”

President Biden’s “Build Back Better” agenda, the multi-trillion dollar jobs, infrastructure, and climate plan that’s on thin ice in Congress now, has drawn comparisons to FDR’s New Deal, which created the modern U.S. safety net and employed millions during the Great Depression.

Unlike FDR, Biden’s Democrats have only razor thin majorities in the House and Senate.

And he has to overcome…

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