• Fri. Sep 17th, 2021

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Biden budget expects hot — but not overheating — economy heading into 2022 midterm elections – The Washington Post

“We are seeing waves of the virus continue globally, and in that world forecasting becomes highly uncertain,” said Constance Hunter, chief economist at KPMG. Hunter added that the uncertain state of congressional negotiations over the administration’s priorities further cloud the projections. “There are still many negotiations between now and the point we have legislation, and those negotiations will contract this plan, not expand it.”