President Joe Biden announced on April 25 that he would run for reelection in the 2024 campaign. In his video announcement and a speech later that day to a union group, Biden repeated several claims we’ve fact-checked before.
Both President Joe Biden and Vice President Kamala Harris lauded the bipartisan infrastructure legislation for creating good-paying jobs for “millions” of Americans. But they meant millions of job-years, not millions of additional jobs.
President Joe Biden and Transportation Secretary Pete Buttigieg overstated the impact of the bipartisan, Senate-approved infrastructure bill on job creation, citing instead an economic forecast that includes the much larger and partisan “human infrastructure” bill.
Both Democratic and Republican senators who negotiated a bipartisan infrastructure bill have claimed the legislation is “paid for.” But a budget watchdog group says the bill only pays for about half of the $548 billion in new spending.
Several independent studies show strong bipartisan support for many of the main spending components of the $2.7 trillion American Jobs Plan. Still, those polls show most Republicans oppose the overall plan, particularly its call for spending to be offset by higher corporate taxes.
President Joe Biden has taken an arguably expansive view of infrastructure to justify some of the proposed spending in the $2.7 trillion American Jobs Plan. But some Republicans have gone too far with claims about how little in the bill qualifies as infrastructure.
President Joe Biden’s infrastructure proposal, called the American Jobs Plan, is projected to add 2.7 million jobs over 10 years, according to an analysis by Moody’s Analytics.