Business groups and the infrastructure plan from Poliico:
Groups like the Chamber of Commerce and the Business Roundtable have largely rejected the plan, saying the tax hikes that Biden is proposing to pay for it would crush American competitiveness.
Top executives of companies who in the past have given speeches about the need for infrastructure spending are mostly silent, opting to complain privately that Biden’s plan is too expensive, too partisan, too laden with unrelated social policy and not at all what they had in mind. Jeff Bezos, CEO of online retailing behemoth Amazon, put out a statement on Tuesdaythat seemed at first glance like an endorsement of Biden’s plan.
Mostly complain, then some debate follows. This is a slog, been going on and continue on taxes. These plans are slanted, illiquid, and not bey compact over the states. Stat having to give up liquidity today for a longer term federal payoff? The federals just got a fair size hike in interest charges.
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