As Joe Biden continues to push for his agenda, many Americans are asking whether he will become the first president in US history to make a major economic decision without bipartisan support. Despite Biden’s hopes for long-term bipartisan cooperation, it appears that the reality of a closely divided Congress may prevent him from achieving this goal.
The most recent stimulus package, which includes massive economic relief for small business owners and individuals, has been largely dismissed by Republicans as too large and overly generous. While the President has attempted to compromise with the GOP, it appears that deep divides remain regarding the bill. For example, Republicans disagree with the minimum wage increase that Biden has proposed, arguing that such a move would lead to job losses and an increase in the cost of goods.
Given the resistance from Republicans, it appears increasingly likely that Biden’s stimulus package will pass through Congress without the support of the GOP. Such a move would make historical precedent in the US, as no major economic policy has been passed without at least some bipartisan support since the Great Depression.
Furthermore, Democrats have signaled their intention to pass Biden’s stimulus package through the Senate with a simple majority vote, through a procedure known as “reconciliation” which allows certain budget bills to pass with a simple majority, rather than the usual 60 votes. Inevitably, Republicans see this move as a sign of disrespect, and many fear that this could damage the already fragile relations between the two major parties.
Despite Biden’s seemingly sincere attempts at bipartisanship, it is clear that the deep differences between the parties has hindered progress. With a closely divided Congress, it appears increasingly likely that Biden’s stimulus package could make history – for all the wrong reasons.