“President Joe Biden’s infrastructure proposal “is fully paid for. Across 15 years, it would raise all of the revenue needed for these once-in-a-lifetime investments.”
What PolitiFact found
Two independent analyses back up the notion that the new spending will be evened out by the new revenue raised under the plan after 15 years.
Their words, from the summary they publish with the rating.
In short
Pete Buttigieg (Transportation secretary) made this claim around 4 April 2021. PolitiFact (United States) looked into it and published its finding on 7 April 2021, 3 days later. Its rating was “Mostly True”.
Pete Buttigieg has 33 checked claims in this archive. Fact-checking organisations rated 5 of them false or fake, 17 misleading or mixed and 5 true.
Where the claim appeared
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.