The April jobs report, released Friday and with slower-than-expected employment-growth gains, reminds us that America’s jobs future still hangs in the balance. President Joe Biden’s American Jobs Plan, a first step to address this issue, calls for building infrastructure to modernize the economy — paid for with higher taxes on companies and the rich. Yet, Republican Senate Minority Leader Mitch McConnell is pledging “100% of his focus on stopping this new administration,” rejecting any new taxes on the wealthy.
The April jobs report, released Friday and with slower-than-expected employment-growth gains, reminds us that America’s jobs future still hangs in the balance. President Joe Biden’s American Jobs Plan, a first step to address this issue, calls for building infrastructure to modernize the economy — paid for with higher taxes on companies and the rich. Yet, Republican Senate Minority Leader Mitch McConnell is pledging “100% of his focus on stopping this new administration,” rejecting any new taxes on the wealthy.
