Biden gets CEO support for economic agenda
ABC News
President Joe Biden is getting support from several business leaders on his economic agenda that has stalled in the Senate
WASHINGTON -- President Joe Biden on Wednesday secured the blessing of several business leaders on his economic agenda that has stalled in the Senate, part of an effort to restart some momentum for the nearly $2 trillion in spending and tax increases that he's proposed.
Biden met at the White House with top executives from General Motors, Ford, Microsoft, Etsy, Salesforce and other companies. The president emphasized the benefits from spending more on climate issues, manufacturing and child care.
“A lot of folks refer to this as just social spending,” Biden said. “Well, I see it this way: The Build Back Better plan lowers prices for families and gets people working.”
The president stressed the benefits of child care subsidies and universal pre-kindergarten when talking with Tom Linebarger, CEO of the engine-maker Cummins. Biden noted that a single mother raised Linebarger.
