Biden unveils sweeping infrastructure plan, calling it a 'once-in-a-generation investment in America'

  • 📰 ABC
  • ⏱ Reading Time:
  • 109 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 47%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Pres. Biden unveils massive infrastructure plan, calling it “a once-in-a-generation investment in America, unlike anything we've seen or done since we built the interstate highway system and the space race decades ago.”

plan to modernize thousands of miles of roads, fix thousands of bridges, expand broadband access and replace all lead pipes carrying drinking water.

"I'm convinced that if we act now, in 50 years, people are going to look back and say, 'This was the moment that America won the future,'" Biden said Wednesday, decrying the state of U.S. infrastructure compared to other countries."What I'm proposing is a one-time capital investment of roughly $2 trillion in America's future, spread largely over eight years.

On a call with reporters Tuesday night, an administration official wouldn't say if Biden plans to send one entire package or separate proposals to Congress. The official also wouldn't say when any of the proposed infrastructure projects could potentially get started. Biden had previously said that Americans making over $400,000 per year would see their taxes increase and that he supported taxing capital gains as normal income, which are not among the ideas the White House proposed this week.

Among the proposals is $621 billion in updates to modernize roads, rails, ports, airports, mass transit and highways; $100 billion to eliminate 100% of lead pipes; $100 billion to build out high-speed broadband across the country; $400 billion for community-based care for elderly Americans and a $180 billion investment in clean energy.Construction workers build the Signature Bridge, replacing and improving a busy highway intersection at I-95 and I-395 on March 17, 2021 in Miami.

"The rest of the world is closing in, and closing in fast," Biden said."We can't allow this to continue. An American Jobs Plan is the biggest increase in our federal, non-defense research and development spending on record."President Joe Biden speaks about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, March 31, 2021.

Doing so would benefit suburban homeowners, although some progressive Democrats could balk at the notion of a tax change that would benefit relatively wealthier Americans. The White House has indicated that Biden would be willing to negotiate on potential new taxes that are sure to be unpalatable to Republicans and Democrats alike.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

OMGOmniabsolute=Universe/Gravity: It's about time to have a PRESIDENT that cares about the AESTHETICS of 'United States of America🇺🇲”.👁️💃👁️🧠🌎🌍

about 10% of that money will be used for infrastrucsure the rest.... who knows

About time. This country is starting to look like a shit hole.

Ummmm, President Obama did it, in THIS generation Joe, yet it did little to spur the economy... What Joe means to say is that this administration is on course to eclipse the spending and printing of $ of any administration in our generation...

So many interesting views on this. For those against, why are you? Is there no real need for it? Is it the corporate tax increase? What are your concerns?

You all about to see how evil Biden is in a few days watch.

Ya, ok...let me raise your taxes to pay for stuff im not telling you about. Vote NO!

Hello am a Collector, I buy all kinds of USA, UK, EUROPE, MEXICO ancient things. DM if you have any of these or any other ancient stuff. ANCIENT SAMURAI THE ANCIENT TELEGRAPH CONESTOGA WAGONS ELI WHITNEY AND COTTON GIN

Not going to happen

Could buy Africa for that ...

He's so full of 💩 it you read the bill very little actually goes to infrastructure! It's All about filling their own pockets.

If you voted for this lying criminal who is determined to destroy our country, then you deserve all the harm he causes you.

Keep ruining our country JOE. Your doing a great job already and it's only been about 3 months , urggggg

Finally 🇺🇸 I’d having some long over due work done. Our country has been neglected fat to long. BlackLivesMatter

Australia is really a good dog for America.

That is absolutely necessary. We need new road also. From long island to nrwyork city take 2 hours. Need another new highway. Similar issue every major city. Need fastest train so that i can live pensylvania work in washington or new york. Need master plan for next 15 years.

WoW WoW me encanta escuchar al President sus reforms y sus proyeyos a no olviden lo Repubblicanos que siempre estan en negation

It is sad to see so many Americans that don't understand what this means. People applauding because they think 'tax the rich' doesn't affect them. For starters, wait until their Cinnamon Dolce Latte with skim milk at Starbucks goes from $4 USD to $6 USD. IgnoranceisBliss

Hope this includes finishing the BORDER WALL !

Lol... fix the Michigan roads... fix flints water... works both ways

Biden has no stock broker to allow investors. Why?

good but once again America is paying ourselves to work ! America needs factories exports .

Live Biden...but wow does his age show sometimes. Like, everything he wants to do is spoken of like “hey remember WWI? Quite the time, yeah?!”

This is what 'Big Hands' looks like....

Finally we can catch up with rest of world, from 3rd world country infrastructure to 2nd or even higher!

Here we go. This is what they been preparing us for. Millions of jobs. lol

POTUS I hope that you are implementing oversight for this. I’m good with investment in our future but this looks like a great opportunity for fraud and pork. How are you going to control this?

But we’re is that elusive laptop do they have the president compromised with China and do they call him Baizuo and we are sending our troops overseas again

The only people Biden & Harris are creating jobs for are the cartels, drug dealers, sex traffickers, & China!

already underway Biden’s new infrastructure proposal -an interstate highway system at the border

We hear this, 'once-in-a-generation' rhetoric from the two parties all the time, and that's the problem with this country. We built infrastructure and only maintain it once every generation... Hopefully this happens, but I'm sure playing politics won't allow it to.

Hyperinflation lalapalooza

ha!

He found out the plan after he read it off the prompter.

I hope they get the train commuter thing going. Would be so wonderful to hop a train from Milwaukee and to be able to go to any major city-at the very least nearby cities like Minneapolis.

Joe 🇺🇸👍👍👍👍👍👍

Y’all ain’t even fix the damn potholes tf outta here

We spent once-in-a-generation money last year. Put it in your pants.

The only investment that America needs now is love. More money will not bring equality and kindness to America.

hope Mayor Pete brings the usa into the 21st Century and beyond.

US infrastructure has a grade of C - Defund the military. Build roads and bridges, not tanks and planes.

This is helping the people❓❓❓ just yapping on about useless irrelevant bullshit🤨🥱

The Election was stolen but TRUMP will be PRESIDENT AGAIN!

If that passes he'll be 'Making America Great Again'. Good job!

People need a little more good news now.

Ireland Ireland Latest News, Ireland Ireland Headlines