Biden said plan will cost "trillions"
The defining economic moment of Biden's Presidency will likely come before he even takes office. The President-elect received the second dose of the covid-19 vaccine today so that takes away a tail risk (or it will in a week or two).
Naturally, the first pricetag of his plan won't be the final one but I don't see much appetite for fiscal restraint among Democrats and it will be tough for many Republicans to vote against the $2000 stimulus check it's expected to include and/or a $15/hour minimum wage hike.
