Sunday, April 11, 2021

Biden's American Jobs Plan could cost taxpayers about $666,000 per job created | Just The News

Biden's American Jobs Plan could cost taxpayers about $666,000 per job created | Just The News
  • The Washington Post gave Biden "two Pinocchios" for claiming the American Jobs Plan, his infrastructure and jobs proposal, will create 19 million jobs.
"...Both Biden and his Transportation Secretary Pete Buttigieg have made the 19 million jobs claim. 
The source of the statement is a Moody's analysis, which CNN pointed out had estimated the U.S. economy would add about "16.3 million jobs over the same period if the infrastructure proposal does not get passed."
Democrats are considering using budget reconciliation to move the bill through Congress to avoid the filibuster in the Senate. 
Democrats used that strategy for the $1.9 trillion American Rescue Plan that Biden signed last month...Read all.

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