Senate Majority Leader Chuck Schumer said Wednesday that any infrastructure package must contain large scale environmental policies.
“I will not pass an infrastructure package that does not reduce carbon pollution at a scale commensurate with the urgency of the climate crisis we face,” Schumer said about President Joe Biden’s Trojan horse $3.5 trillion initiative.
“We’re united in taking on the climate crisis as we move forward,” Schumer continued. “The Senate will make out largest investments to tackle the climate crisis and environmental justice, ever.”
Majority Leader @SenSchumer: “I will not pass an infrastructure package that does not reduce carbon pollution at a scale commensurate with the urgency of the climate crisis we face.” pic.twitter.com/qg5peJoSGL
— The Recount (@therecount) July 28, 2021
Schumer’s trillion dollar spending proposals stand alongside a Moody’s report he released July 21 that argues spending trillions will “ease inflation pressures.”
The report claims inflation worries are “overdone,” because “much of the additional fiscal support… is designed to lift the economy’s longer-term growth potential and ease inflation pressures.”
Schumer is pushing the Moody’s report while the Producer Price Index rose 7.3 percent in June from 12 months earlier, the largest demand since 12-month data was first introduced in 2010. In comparison to May, the index rose one percent. On average during the pre-pandemic Trump administration, the index rose by around 0.2 percent per month.