Weekly Bottom Line

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Weekly Bottom Line

On May 4, 2021, Posted by , In Weekly Bottom Line, With No Comments

  • America’s economic recovery picked up steam at the start of 2021, with growth accelerating to 6.4% (annualized). Growth was powered by consumption, which expanded by 10.7% (annualized).
  • President Biden unveiled the American Families Plan this week. The plan calls for $1.8 trillion in new spending on childcare, education and paid leave, and would be funded by raising taxes on the wealthiest Americans.

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