President Joe Biden and a bipartisan group of senators recently reached agreement on an infrastructure spending deal. The roughly $1 trillion deal includes $579 billion in new spending toward traditional infrastructure, as well as a series of proposed financing sources to offset some of the cost. Additionally, President Biden made clear that he would sign the agreement in tandem with his other priorities, included in the American Jobs Plan and American Families Plan.
As eBay’s CEO Jamie Iannone highlighted recently, eBay supports investments in infrastructure that will help small online sellers emerge stronger from the pandemic. eBay will continue to monitor these developments and serve as a voice for Internet-enabled businesses.