Hassett: 'We're still working our way out from' Biden Covid spending
Why now
Thesis: Partisan commentary, not policy signal
Catalyst to watch: Actual fiscal or Fed decisions
Main risk: Rhetoric mistaken for policy intent
Why it matters
Political blame over past spending is rhetoric; it does not change current fiscal or monetary policy settings.
Details
President Donald Trump regularly defends his administration's record by contrasting it favorably with the Biden era, or other blaming the former president.
Related assets & topics
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- cnbc · 2026-09-29 13:18 UTC