Transportation Secretary Pete Buttigieg acknowledged he had misrepresented the number of new jobs President Joe Biden’s proposed $2 trillion-plus infrastructure plan would create, essentially admitting he had overstated the figure by around 16 million. Buttigieg appeared on Fox News on Sunday, with anchor Chris Wallace asking whether he agrees that he and other Biden administration officials…
Buttigieg Admits to Overstating Infrastructure Plan Job Creation Number by 16 Million: ‘I Should Have Been More Precise’
Buttigieg Acknowledges Overstating Infrastructure Plan Job-Creation Figure by 16 Million
Transportation Secretary Pete Buttigieg acknowledged misrepresented the number of new jobs President Joe Biden’s proposed $2 trillion-plus infrastructure plan would create, essentially conceding that he had overstated the figure by around 16 million. Buttigieg appeared on Fox News on April 11, with anchor Chris Wallace asking whether he agrees that he and other Biden administration officials…
Biden’s Infrastructure Plan Would Make America Outsource Again
Commentary President Joe Biden is in the midst of a media blitz to garner support for his so-called infrastructure plan, the American Jobs Plan. At a recent press conference, Biden said his plan “is a blueprint for infrastructure needed for tomorrow, not just yesterday, tomorrow. For American jobs, for American competitiveness.” There are two problems with…
Talks Over Global Minimum Tax Pushed by US Gains Momentum
WASHINGTON—Treasury Secretary Janet Yellen urges other countries to support a global minimum tax rate for corporations, which is crucial for funding President Joe Biden’s infrastructure proposal, called the American Jobs Plan. The Biden administration proposes substantial tax increases on U.S. corporations to pay for the $2.3 trillion plan aimed at boosting investment in infrastructure, clean energy, manufacturing,…
Why Joe Biden’s $2 Trillion Infrastructure Plan May Fail
Commentary President Joe Biden has announced the American Jobs Plan, which is summed up in the headlines as a $2 trillion investment program in infrastructure and green energy that’s expected to boost job creation, strengthen the manufacturing sector, and drive innovation. However, most of it goes to subsidies and current expenditure and comes with one…
Biden Unveils $2 Trillion Plan to Fix Roads and ‘Reimagine’ a New Climate-Proof Economy
President Joe Biden will on Wednesday begin promoting his $2 trillion infrastructure plan, which besides aiming to fix roads and bridges also features an expansive climate change and social welfare agenda, with the White House calling it “the moment to reimagine and rebuild a new economy.” White House officials said on a call with reporters…
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