Not all of Biden’s economic agenda hinges on Congress. He has asked the requisite agencies to extend the federal moratorium on evictions and foreclosures through March 31, and the pause on federal student loan payments through Sept. 30. But there’s ultimately a limit to what the Executive Branch can do on its own. “There’s no set of buttons and levers the President can push and pull to generate the optimum mix of economic growth, unemployment and inflation,” says Kenneth Mayer, a University of Wisconsin–Madison professor who studies Executive Orders.
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