Combined, “agriculture, forestry, fishing and hunting” have received $7.1 billion on 363,100 loans since the beginning of 2021, accounting for about 4% of the PPP loan volume.
President Prepares to Roll Out Infrastructure Plan
The Washington Post reported that the White House will unveil a $2.25 trillion infrastructure package on Wednesday that will include approximately $650 billion for roads, bridges, highways and ports.
The plan also includes $400 billion for home care for the eldering and disabled; $300 billion for housing infrastructure; $300 billion to jump start U.S. manufacturing; $180 billon for research and development; $100 billion for clean drinking water; $100 billion for the electric grid; and $100 billion for high-speed broadband development.
“After all the jokes about infrastructure weeks, we’re going to have a real serious effort to get both infrastructure spending on roads and bridges and programs like broadband,” said Howard Gleckman, a tax expert at the nonpartisan Tax Policy Center think tank. “I think there’s pretty broad bipartisan support is a big infrastructure plan. There is not bipartisan support for paying for it.”
Chris Clayton can be reached at Chris.Clayton@dtn.com
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