Transportation Secretary Pete Buttigieg rolled back his claims that Joe Biden’s American Jobs Plan would create 19 million employment opportunities.
While speaking at the International Monetary Fund and World Bank spring meeting on Thursday, Federal Reserve chair Jerome Powell said the surge in U.S. spending as the economy reopens paired with limited supply is forecast to drive prices higher this year.
The Biden administration is expected to unveil it’s massive $3 trillion infrastructure plan this week. One America’s Shane Althaus has more on what the White House is proposing.
Joe Biden’s economic advisors are expected to recommend up to $3 trillion in new spending plans, including massive infrastructure projects like high speed trains. One America’s Shane Althaus has more.