2:00PM Water Cooler 10/28/2021 | naked capitalism
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The spending package would mark the biggest U.S. green investment ever, but still falls short of what scientists and economists say is needed to avert disaster.
President Biden presented Democratic lawmakers with a framework on a new $1.75 trillion social spending and climate package on Thursday, seeking to unify a fractured party behind the plan before he heads to Europe for an international climate conf
The $555 billion investment is "the largest effort to combat climate change in American history," the White House said ahead of the UN climate summit.
Holding out for the best possible package is not merely a morally sound approach. It's a politically necessary one.