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Commentary: Gregory Bresiger - Biden vows to spend big, control inflation; can he do both? Gregory Bresiger Getty Images President Joe Biden is expressing confidence that his proposed $4.5 trillion domestic package will effectively pay for itself even as experts fear the mammoth price tag may trigger long-term inflation and other economic disruptions. At a press conference last month, the Democratic president argued that his plan a dual measure that would spend on both infrastructure and broader domestic policy will generate new jobs and new federal revenue while leading to lower consumer prices. “My Build Back Better plan will be a force for achieving low prices for Americans looking ahead,” the president said, arguing that it “will enhance our productivity raising wages without raising prices.”

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