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Reuters reported last week that Biden announced a massive shift in his fiscal policy, cutting (not raising) corporate taxes even further than had Trump, AND cutting his proposed infrastructure spending bill by hundreds of billions of dollars more following his last week’s proposed spending cuts from $2.25T to $1.7T. The announcement by Biden is clearly More

The post Biden Capitulates: Cuts Corp Taxes & Cuts Infrastructure Spending appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Jack Rasmus.

Citations

[1] Biden Capitulates: Cuts Corp Taxes & Cuts Infrastructure Spending - CounterPunch.org ➤ https://www.counterpunch.org/2021/06/07/biden-capitulates-cuts-corp-taxes-cuts-infrastructure-spending/[2] Biden Capitulates: Cuts Corp Taxes & Cuts Infrastructure Spending - CounterPunch.org ➤ https://www.counterpunch.org/2021/06/07/biden-capitulates-cuts-corp-taxes-cuts-infrastructure-spending/[3] Home - CounterPunch.org ➤ https://www.counterpunch.org/