‘Gimmicks’ in reconciliation bill cover up over $1T in spending, US Chamber of Commerce says - News Summed Up

‘Gimmicks’ in reconciliation bill cover up over $1T in spending, US Chamber of Commerce says


The U.S. Chamber of Commerce accused the authors of the Democrat-backed reconciliation bill of using "gimmicks to cover up well over $1 trillion in spending," and called on Congress to identify the bill’s actual "real-world impact." President Biden is expected to sign the $1.2 trillion infrastructure bill on Monday during a ceremony at the White House. According to the chamber, the reconciliation bill has sunset provisions that "disguise the true cost of the bill." The New York Times reported that Sen. Joe Manchin, D-WVa., called these provisions "shell games" and the actual cost of the reconciliation bill could be double the amount being discussed. Given the sheer length of the social spending bill, the agency said they are working on a score, but it will take time.


Source: Fox News November 11, 2021 17:00 UTC



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