Tornado Alley (PROG)

[DragonBear]

Biden’s $2T spending plan, billed as infrastructure bill, spends less than half on infrastructure


Here's a much better

Linky

that breaks it out.

And I see a couple of areas which shouldn't belong. If there's a need of $400B for the elderly care, then that should be a separate bill. Also not sure what $213B for renovating homes, and commercial bldgs are doing in this bill. The $50B to "monitor domestic industrial capacity"? They always slip in stuff that can't stand on its own.

The good news is there is room for Demonrats&Returdicans to work together. Reallocating some of the funds from the questionable areas to the Transportation Infrastructure box. But will they? Ought to be interesting.

Raising the corporate tax rate from 21% to 28% shouldn't be a big deal. It was at 35% before the Ryan tax cut bill. Also a gradual tax increase over 2 yrs (e.g. 21-->25, 25-->28) might be better for the economy.