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Wednesday, May 26, 2021

White House sticks by Biden's $4T spending plans despite Dimon warning on inflation


White House sticks by Biden's $4T spending plans despite Dimon warning on inflation



The White House on Wednesday defended President Biden's sweeping $4 trillion spending plans, despite a warning from JPMorgan Chase CEO Jamie Dimon that the unprecedented levels of government stimulus could lead to runaway economic growth.

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