Bloomberg Tax
July 9, 2021, 3:25 PM

Sanders Takes Reins as Democrats Advance Biden Economic Agenda

Laura Litvan
Laura Litvan
Bloomberg News

President Joe Biden’s plans for the biggest expansion in social spending in decades is in the hands of the Senate’s only professed democratic socialist, Bernie Sanders, who must unite both fellow progressives and moderate Democrats in the face of a tricky path through a sharply divided Congress.

Sanders, who chairs the Senate Budget Committee, wants to address income inequality and environmental challenges -- central to his two failed White House bids -- in even greater scale than Biden. His opening bid for a $6 trillion package vastly outweighed the roughly $4.5 trillion vision the president outlined in the ...

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