April 11, 2021

Ashburn, Virginia. Change [your]LOCATION

Report: Biden Infrastructure Plan Built On Falsehoods

Apr 7, 2021 | , ,


Joe Biden seems to be basing his infrastructure plan on a misrepresentation of data. A report from Tuesday revealed Biden’s promise that the massive legislative package would generate 19 million new jobs was based on a flawed understanding of economic projections.

Biden’s claim was based on a Moody’s report, yet analysts pointed out that report estimated almost 17 million of those new jobs would have been created regardless. This means the vast majority of what Biden is promising would not be an effect of his plan at all.

During an interview on Monday, Transportation Secretary Pete Buttigieg addressed those false claims.

GettyImages-1178649388-670x437 Report: Biden Infrastructure Plan Built On Falsehoods Featured Politics Top Stories [your]NEWS

Transportation Secretary Peter Buttigieg spoke during the 2019 J Street National Conference at the Walter E. Washington Convention Center in Washington, D.C. on October 28, 2019. (Photo by MANDEL NGAN/AFP via Getty Images)

“I should be precise about this, so Moody’s modeled a future, a scenario, where the American Jobs Plan is passed,” Buttigieg explained. “In that scenario, they see the American economy creating 19 million jobs, and that’s 2.7 more than if this bill doesn’t pass. So the point is, this will contribute to a scenario where we create that many jobs.”

GOP lawmakers have criticized the plan, arguing the tax increases would kill jobs and only five percent of its budget would go towards traditional infrastructure.

More Top Stories

Translate »