Washington, D.C. —U.S. Chamber Executive Vice President and Chief Policy Officer Neil Bradley issued the following statement today regarding the bipartisan infrastructure bill and reconciliation bill:
“Today, Members of Congress have an opportunity to pass the bipartisan infrastructure bill as a stand-alone bill. Members of Congress can vote to support long-overdue investments in infrastructure and separately vote to oppose a multi-trillion dollar reconciliation bill when and if that bill comes up for a vote. We urge lawmakers to judge the infrastructure bill on its merits and on the merits, it deserves to pass.
“On reconciliation: with a mere three page ‘framework,’ it remains unclear exactly which of the hundreds of policies proposed by the House will be in the bill and for those policies mentioned in the ‘framework,’ there is little to no substantive detail. The past 24 hours alone has seen major, complicated policy changes proposed, accepted, rejected, and modified.
“We remain concerned that a multi-trillion tax and spend bill will lead to greater near-term inflation, reverse our economic recovery, put U.S. companies at a competitive disadvantage, and weaken economic growth and job creation going forward. It is the height of irresponsibility for Congress to rush through such a large and complicated bill with no clear understanding of the real-world impact of the policies that are being proposed. Congress should slow-down and make sure they get the policy right.”