The $1.9 trillion US stimulus bill approved by the U.S. House of Representatives Wednesday is the first major legislation passed in Joe Biden's presidency. It is, to paraphrase his most famous impromptu quote, a big freaking deal, although Biden's original quote included a memorably timed F-bomb. This big freaking deal is a sweeping one-year experiment with a broader social-safety net in the United States. "It's going to result in some pain later," said Goldwein, senior vice-president and senior policy director at the Committee for a Responsible Federal Budget, in a panel discussion last week at the Tax Policy Center. Biden will now try getting that green-infrastructure deal and other legislation passed.

Source: CBC News March 10, 2021 19:13 UTC