Roundtable Applauds Bipartisan Infrastructure Agreement
The Real Estate Roundtable applauded the bipartisan infrastructure agreement announced by Congressional leaders. The plan, which President Joe Biden called a good start, scales down the $4-trillion package originally proposed.
“Infrastructure and real estate are synergistic, and have a two-way relationship,” said Jeffrey DeBoer, president and CEO of The Real Estate Roundtable. “The package has potential to impact GDP, promote job growth, keep the U.S. competitive with other countries that are massively investing in their own infrastructure, and expand the overall economy.”
DeBoer added, “The Roundtable remains committed to working with lawmakers and our national real estate organization partners to provide additional data, research or assistance to ensure policies are fair, productive and will benefit the overall economic health of all American communities.”
The bipartisan plan appeared ready to advance after Biden on Sunday withdrew a threat to veto the measure unless a separate Democratic spending plan also passes Congress.