White House Releases Details of Biden’s $2.2 Trillion Infrastructure Plan
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From the Right
What's in Biden's $2.25T infrastructure and tax proposal?President Biden released a sprawling proposal to rebuild the nation's crumbling infrastructure and pump money into manufacturing, transportation, renewable energy and combating climate change — a $2.25 trillion measure that will be funded largely by raising taxes on U.S. corporations.
The eight-year initiative, dubbed the American Jobs Plan, comes on the heels of Biden's $1.9 trillion American Rescue Plan. The White House said it will pay for the latest package by raising the corporate tax rate to 28% from 21% — rolling back part of former President Donald Trump's 2017...
From the Center
Biden Set to Unveil $2 Trillion Infrastructure PlanPresident Biden will unveil a $2 trillion infrastructure plan centered on fixing roads and bridges, expanding broadband internet access and boosting funding for research and development, while proposing an expansive increase in corporate taxes to pay for the package.
Mr. Biden will unveil the proposal during a Wednesday afternoon speech in Pittsburgh, where he kicked off his presidential campaign. He is expected to make the case that the investments are necessary to help the U.S. compete with China and tackle climate change.
The measure, which comes after Mr. Biden signed...
From the Left
Here's what's in Biden's infrastructure proposalNow that his massive coronavirus relief package is law, President Joe Biden is laying out his next big proposal: A roughly $2 trillion plan for improving the nation's infrastructure and shifting to greener energy over the next 8 years.
He is set to unveil the effort, dubbed the American Jobs Plan, on Wednesday at an event in Pittsburgh, Pennsylvania -- the opening move in what's expected to be a months-long negotiation with Congress.
The nation's infrastructure is sorely in need of repair. It recently earned a C- score from the...
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