Nonpartisan Economists Say Biden’s Infrastructure Plan Will Decrease Economic Growth

Nonpartisan Economists Say Biden’s Infrastructure Plan Will Decrease Economic Growth


President Biden recently unveiled a $2.7 trillion infrastructure bill called the American Jobs Act — a piece of legislation he branded as a “once in a generation investment in America.”

In addition to $621 billion in spending on roads and bridges, the American Jobs Act allocates $213 billion towards schools and housing, $400 billion into healthcare, and $180 billion into research and development. Reflecting the broader goals of the Biden administration, the legislation is sprinkled with provisions specifically addressing the “climate crisis” and “persistent racial injustice.”

Though the American Jobs Act was branded as a bipartisan initiative, Republican lawmakers instantly noticed the plan’s true intentions — pleasing special interests and instituting the Democrats’ radical domestic policies, among other things.

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As Politico reported, the bill instantly sparked “the most intensive lobbying effort in history.” Sensing that the federal government would soon begin shelling out billions in tax dollars, special interests immediately began scrambling for a piece of the pie. Some prominent lobbying firms

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