on the cost of his infrastructure plan, which could fall somewhere between $2 trillion and $3 trillion.host Jake Tapper, noting that the United States has been slowly reducing infrastructure spending since the 1950s.
"The current amount of investment we're doing is barely, barely enough to keep pace with just the maintenance of the infrastructure," he continued."And we can all feel it, right? … The package is large, but the need is very large." Biden will travel to Pittsburgh on Wednesday to roll out his infrastructure overhaul proposal. The so-called American Jobs Plan will invest about $2 trillion over the next eight years.
The proposal would put $621 billion into transportation infrastructure such as bridges, roads and airports; $400 billion to care for elderly and disabled Americans; $300 billion to improve drinking water and expand broadband access; and $580 billion to enhance American manufacturing. Through the plan, the administration said it hopes to show it"can revitalize our national imagination and put millions of Americans to work right now in work that's desperately needed for the nation."have been sounding the alarm on the price tag for the plan and White House's plan to pay for it by raising the corporate tax rate to 28 percent.
Haven’t had an infrastructure bill since Obama. The need is great.
NewProgressUSA That’s not enough! Go big or go home. The company worn out our infrastructure the most doesn’t t pay taxes, Amazon Delivery system
There is only 115 billion set aside for actual roads and bridges. That sucks. That really sucks. I like a lot that's in this bill, but some of it does not belong here. Why make this a nonstarter by adding things that apply to other issues? And at the expense of actual roadwork?
RecurringChecksNow