Biden makes false claim about former Federal Reserve leaders, revives misleading jobs claim

President Joe Biden claimed last Wednesday that the last five leaders of the Federal Reserve had declared that his American Jobs Plan proposal will increase economic growth.

The American Jobs Plan, which you can read about here, would spend roughly $2 trillion on infrastructure projects and other initiatives. Biden has proposed to pay for the spending by increasing the statutory corporate tax rate from 21% to 28% and to make a variety of other tax changes, including a major increase in tax enforcement against corporations.

"And, by the way, you...