Summers Lauds Biden Infrastructure Plan After Attacking Stimulus
- Former Treasury secretary had warned stimulus was excessive
- Says infrastructure, green plan is ‘on the right track’
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Former Treasury Secretary Lawrence Summers, who emerged in recent weeks as a liberal dissenter over President Joe Biden’s massive stimulus efforts, strongly endorsed the administration’s long-term economic plan.
“I’m particularly excited about the infrastructure program, I’m particularly excited about the green aspects,” Summers said Wednesday, after the plan was unveiled, in an interview with Romaine Bostick on Bloomberg Television’s “Wall Street Week.”