/Biden plan may be too pricey for Congress, may end up closer to $1 trillion, Wall Street says
Biden plan may be too pricey for Congress, may end up closer to $1 trillion, Wall Street says

Biden plan may be too pricey for Congress, may end up closer to $1 trillion, Wall Street says

U.S. President-elect Joe Biden speaks as he announces members of economics and jobs team at his transition headquarters in Wilmington, Delaware, U.S., January 8, 2021.

Kevin Lemarque | Reuters

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President-elect Joe Biden is going big with his $1.9 trillion coronavirus rescue package, but economists and strategists on Wall Street fear that his plan might be too ambitious to pass Congress.