Biden Administration Retracts Claim That $2.25 Trillion Infrastructure Plan Would Create 19 Million Jobs

"Even by the bloated standards of federal spending -- and the particularly bloated costs of infrastructure spending, which has skyrocketed since the 1970s -- that's an absurd amount."

This is a Negative Sentiment.

"The proposal also does nothing to tamp down the twisting of environmental laws by community groups who oppose new construction projects."

This is a Negative Sentiment.

"Biden isn't proposing to do away with prevailing wage laws, which require that federal infrastructure projects pay inflated union rates to workers, and he is proposing to impose expensive "Buy American" requirements for equipment and supplies."

This is a negative sentiment.

"It's good to see a White House that's willing to admit when it has made a mistake, of course, but the right time for Buttigieg and Biden to be precise about the job growth projections was before they got caught in a lie.nn"

This is a negative sentiment.

"In pitching his $2.25 trillion infrastructure spending proposal, President Joe Biden said last week that if the plan was passed, "the economy will create 19 million jobs -- good jobs, blue collar jobs, jobs that pay well" over the next 10 years.nn"

This is a positive sentiment.

"First, much of Biden's infrastructure plan isn't really focused on creating jobs by building, well, infrastructure."

This is a negative sentiment.

"No wonder the Biden administration was keen to sell this spending plan as one that creates more jobs than it actually will."

This is a negative sentiment.

"In making the rounds to Sunday morning news programs on ABC and NBC, Secretary of Transportation Pete Buttigieg repeated that claim.nn"

This is a positive sentiment.

"In other words, the passage of Biden's infrastructure plan would boost job creation by about 2.7 million jobs -- not 19 million.nn"

This is a positive sentiment.