Recovery Plan

31 May: Crisis response in the US and EU: debate on the two recovery plans

(Source: European Parliament)

On Monday, Budgets Committee will debate with US administration budget manager Young on the similarities and differences between the US and the EU recovery plans.

While resilience, innovation and decarbonisation are salient among the common objectives, there are structural differences between the EU and US political systems and responses to the crisis. MEPs in the Budgets Committee will address these issues as well as spending priorities and financing questions.

The exchange of views with Shalanda Young, acting Director of the Office of Management and Budget in the Biden Administration, follows the adoption of the USD 1.9 trillion …