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The Long Sordid Tale of Government Waste

The Long Sordid Tale of Government Waste
Biden’s signature legislation proposal, the Build Back Better Act, was designed as the most expensive spending package ever, at $3.5 trillion. Saul Loeb/AFP via Getty Images
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Commentary

For the past year, Democrats in Congress have been trying to pass the president’s Build Back Better plan. As described by the administration, it’s the boldest investment in America since the New Deal.

Tim Collins
Tim Collins
Author
Tim Collins worked for years as a financial advisor before establishing his own hedge fund, one that would acquire shares in companies like Facebook, Twitter, and AirBnB in the private markets before they went public. He now co-authors Streetlight Confidential investment newsletter with Bob Byrne, and his writing and commentary has been featured on RealMoney and RealMoneyPro on TheStreet.com for over a decade.
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