U.S. Commerce Secretary Gina Raimondo will challenge business-community complaints about tax increases included in President Joe Biden’s proposed social-spending package, urging in a speech Thursday that companies should instead support his economic agenda.
In her remarks, Raimondo will argue that the plan is essential for supporting American families as well as the long-term growth and stability of the economy, according to excerpts obtained by Bloomberg. The programs will benefit everyone in the country, especially businesses, she will say.