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With Rising Debt, the U S Federal Government Is in Bad Company
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Penn Wharton Budget Model examines President Biden s American Jobs Plan
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By Louis Jacobson, PolitiFact.com
Pete Buttigieg
Statement: President Joe Biden’s infrastructure proposal “is fully paid for. Across 15 years, it would raise all of the revenue needed for these once-in-a-lifetime investments.
After signing a coronavirus and economic relief plan into law, President Joe Biden turned to an infrastructure proposal as his next legislative priority.
Cabinet members, including Transportation Secretary Pete Buttigieg, have fanned out to promote the president’s $2 trillion-plus package, while critics of the plan are complaining about the cost.
In an interview on NBC’s Meet the Press April 4, Buttigieg emphasized that the expenditures would be covered by revenue increases.
U.S. Economic Outlook And Monetary Policy: An Update, Federal Reserve Governor Lael Brainard At The C. Peter Mccolough Series On International Economics, Council On Foreign Relations, New York, New York (Via Webcast) Date
02/03/2021
It has been one year since the first wave of the COVID-19 pandemic hit our shores a year marked by heartbreak and hardship. We are all looking forward to a brighter time ahead, when vaccinations are widespread, the recovery is broad based and inclusive, and services, schools, sports, and social life are in person. The expected path of the U.S. economy has strengthened with the prospect of widespread vaccinations and additional fiscal stimulus, but risks remain, and we are currently far from our goals.1