Playbook: “Passage of the Inflation Reduction Act will make Biden one of the most legislatively successful presidents of the modern era. We once noted that the mismatch between the size of Biden’s ambitions and his margins in Congress made it seem like he was trying to pass a Rhinoceros through a garden hose. It ended up being more like a pony, but it’s still pretty impressive…”
“That’s a nearly $3.5 trillion agenda. The scope of the issues addressed is notable: the pandemic and its economic fallout, highways, bridges, broadband, rail, manufacturing, science, prescription drug prices, health insurance, climate change, deficit reduction and tax equity.”
“He also expanded NATO, passed a new gun safety law and passed a bill to address the effects of vets exposed to toxic burn pits. Five out of seven of these laws — all but the two biggies, the ARP and IRA — received significant Republican support.”
“There’s not much debate anymore over whether Biden has been a consequential president. In the long run, his first two years may be remembered as akin to LBJ when it comes to moving his agenda through Congress.”
