Manufacturers Ramp Up Opposition to $2T Social Spending Bill

As the national debt nears $28.5 trillion, lawmakers in D.C. continue to debate the $2 trillion climate and social welfare spending package. This week, U.S. Sen. Joe Manchin (D-W. Va.), a key swing vote, warned the spending plan (“Build Back Better Act”) could exacerbate inflation.

The National Association of Manufacturers (NAM) opposes the massive spending plan, saying the taxes it would impose would hit manufacturing harder than other industries. This week, NAM staff told The Hill that a tax “specifically targeting our industry makes absolutely no sense and jeopardizes Americans’ economic future.”

Manufacturers and their allies are encouraged to contact their U.S. senators in opposition to the spending package’s tax hikes. 12/8/2021