Biden and Buttigieg Overstate Jobs Impact from Infrastructure Bill
President Joe Biden and Transportation Secretary Pete Buttigieg overstated the impact of the bipartisan, Senate-approved infrastructure bill on job creation, likely citing instead an economic forecast that includes the much larger and partisan “human infrastructure” bill.
An economic analysis by Moody’s Analytics found the bipartisan bill “supports only a modestly stronger economy.” The infrastructure bill alone would, at its peak in the middle of the decade, temporarily increase the number of jobs in the U.S. by 650,000, the analysis said. But it would take a few years for those jobs to emerge,...