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State of the Union: Biden to preview populist second-term economic agenda
President Biden during Thursday night's State of the Union address will lay out a distinctly populist vision for what economic policy in his second term would look like. Why it matters: Next year is set to be a seismic year for U.S. fiscal policy, even if the topic doesn't get covered much, given the stakes of the 2024 election for such attention-grabbing topics as abortion and the future of democracy. • In Thursday night's speech and in a budget proposal due out next week, the Biden administration will outline a vision for raising taxes on the very wealthy and large corporations and using the funds to support ... (full story)