Biden's infrastructure plan would create 2.7 million jobs — not 19 million

For Hire by Clem Onojeghuo is licensed under Unsplash

President Joe Biden's $2.25 trillion infrastructure package would create about 2.7 million jobs, a fraction of the more than 19 million touted by some West Wing officials — including the chief executive himself.

 

Asked about that discrepancy, White House press secretary Jen Psaki on Tuesday cited a report by Moody's Analytics, a Wall Street firm, that estimated that Biden's American Jobs Plan would create 3 million jobs over a decade if passed as is by both chambers of Congress and signed into law.

"So that is what the impact would be of the American Jobs Plan, 2.7 million, to be totally clear," Psaki said Monday. "We see that as a positive, but we also will be very clear and articulate exactly what numbers of jobs it will create."

During media appearances over the weekend, Transportation Secretary Pete Buttigieg and National Economic Council Director Brian Deese said Biden's American Jobs Plan would "create" 19 million jobs.

For Hire by Clem Onojeghuo is licensed under Unsplash