JAN. 19-22: PRESIDENTIAL INAUGURATION; BIDEN’S FIRST 100 DAYS

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THE COWEN INSIGHT

President-Elect Joe Biden announced his $1.9T “American Rescue Plan” last week ahead of his inauguration on Wednesday.

We believe most of the healthcare provisions in the plan, which total around $400B, will get done either as part of this initial package or via a second effort that will likely utilize the budget reconciliation track with a deadline of Sept. 30.

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