Michael R. Strain, Columnist

The Best and Worst of Biden’s Infrastructure Plan

It’s paid for with revenue. (But where’s the carbon tax?) It takes the long view. (But why so much focus on manufacturing?)

March 31, 2021 at 3:43 PM UTC

By Michael R. Strain

Michael R. Strain is a Bloomberg Opinion columnist. He is director of economic policy studies and Arthur F. Burns Scholar in Political Economy at the American Enterprise Institute. He is the author of “The American Dream Is Not Dead: (But Populism Could Kill It).”

We shall see.
Photographer: Olivier Douliery/AFP via Getty Images

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President Joe Biden is preparing to lay out a plan to spend $2.3 trillion on improving the nation’s infrastructure, paid for by raising taxes on corporations, with the ink barely dry on this month’s $1.9 trillion pandemic relief package.

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