Biden promises 'once-in-a-generation' investment during pitch for $2 trillion infrastructure and climate plan

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

“Debate is welcome. Compromise is inevitable. Changes to my plan are certain. But inaction is not an option,” President Biden says about his infrastructure plan.

The President's next major legislative push, the American Jobs Plan, would heavily invest in rebuilding the nation's crumbling infrastructure and shift to greener energy over the next eight years. Biden plans to pay for his proposal by raising corporate taxes and eliminating tax breaks for fossil fuels, which was one of his core campaign promises. The White House says this tax hike would raise more than $2 trillion over the next 15 years.

"We have to move now," Biden said."I'm convinced if we act now in 50 years people are going to look back and say this was the moment that American won the future." Biden said his proposal would modernize 20,000 miles of run-down highways, roads and main streets and 10,000 bridges. It would also fix"10 of the nation's most economically significant bridges in America that require replacement.

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:

 /  🏆 4. in İE
 

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

Stick it to the lunatic republicans in congress

There will be no debate, no compromise, minor if any changes. This will be rammed through in the night on a Friday like Obama Care and Stimulus Bill etc.

Big corporations get richer. Poor becomes poorer and middle class sinks! WorstPresidentEver

Just keep using reconciliation to get things done. He is free to change the rules like they do. Fair game.

Bidens presidency is what Obamas presidency would be if he was white

Ireland Ireland Latest News, Ireland Ireland Headlines