US Chamber: Trump is ‘wrong’ on infrastructure bill

New York CNN Business — Former President Donald Trump has blasted the bipartisan infrastructure legislation recently passed by Congress as a “Non-Infrastructure” bill. The former president, who repeatedly tried and failed to get an infrastructure bill passed when he was in the White House, argued Republican lawmakers should be “ashamed of themselves.” Neil Bradley, chief policy officer at the US Chamber of Commerce, told CNN that Trump is “wrong.” “There is a lot of misinformation going around about this bill, including that only a small amount goes to infrastructure,” Bradley said in an interview. Bradley conceded some parts of the reconciliation package “can be deflationary” but said “other aspects can be pretty inflationary.” Chamber will keep fighting Biden’s signature bill Not surprisingly, the Chamber’s biggest concern is over changes to the tax code that the group argues would put US companies at a competitive disadvantage on the world stage. Patagonia CEO calls out Chamber, business leaders Citing the reconciliation package’s aggressive climate investments, Patagonia CEO Ryan Gellert slammed the Chamber in a recent LinkedIn post for “working to stall and weaken this historic legislation” and spending millions to pressure moderate lawmakers to “vote against the planet.” The Patagonia boss called out business leaders for arguing they support climate action but then supporting trade associations like the Chamber that oppose this legislation. “A standalone climate bill that largely reflects what’s in the current reconciliation package…We would have some suggestions and tweaks, but I think we could find agreement,” he said.