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Biden’s Task: Overhaul the Economy, as Fast as Possible

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Biden’s Task: Overhaul the Economy, as Fast as Possible

The president will need to make rapid, strategic choices to advance his “Build Back Better” agenda, possibly including dropping some campaign plans to salvage the rest.

After a two-month, $2 trillion sprint to pass aid for an economy still hobbled by the coronavirus pandemic, President Biden is finally set to detail his “Build Back Better” agenda next week in Pittsburgh. Its name, carried over from the 2020 campaign, has become a catchall phrase that cabinet officials and junior aides use to describe all manner of plans to overhaul American capitalism.

In the weeks ahead, the president’s strategic choices will show the country what “building” really means, to him.

Mr. Biden’s forthcoming proposals, which aides and documents suggest could cost as much as $4 trillion over the next decade, are a pivot to the core economic agenda he campaigned on: rebuilding infrastructure,
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