Global Macro Service > Research Briefings > United States

Policy response cheat sheet (May 6)

Congress has made little progress in advancing President Biden’s American Jobs Plan or American Families Plan through the legislative process. While Biden remains open to a bipartisan deal on infrastructure, we think chances of an agreement with Republicans are slim. Democrats are expected to begin moving elements of both plans using the budget reconciliation process if bipartisan talks yield no results by the end of this month.

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