With nods to FDR, JFK and LBJ, Biden goes big on infrastructure plan Alexander Nazaryan
President Biden traveled to Pittsburgh on Wednesday to introduce a $2.25 trillion infrastructure plan that, in both scope and cost, amounts to the most ambitious attempt by the federal government to refashion the nation’s economy and social fabric since at least Lyndon Johnson’s Great Society program of the 1960s.
As with many of his recent proposals, Biden framed the infrastructure plan as one of a superpower seeking to regain its footing, arguing that the investments the White House has outlined $115 billion to repair roadways, $100 billion for high-speed internet and many other modernizing initiatives would “put us in a position to win the global competition with China in the upcoming years.”
Biden Unveils $2 Trillion US Jobs, Infrastructure Plan russiaherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from russiaherald.com Daily Mail and Mail on Sunday newspapers.
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THE BIG DEAL Biden makes case for infrastructure proposal: We have to move now President Biden
In a speech in Pittsburgh, Biden spoke with urgency about the need to pass his American Jobs Plan to overhaul a “distorted and unfair” economy and help the U.S. outcompete nations like China, framing the current moment as an opportunity to prove that democracies can deliver for their people.
“We have to move now. Because I am 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 in an afternoon address at Carpenters Pittsburgh Training Center.
Here’s what’s in Biden’s infrastructure plan, and how he plans to pay for it
Updated 6:49 AM;
Today 6:45 AM
An Amtrak train departs 30th Street Station in Philadelphia, Wednesday, March 31, 2021. President Joe Biden s infrastructure plan calls for investing $80 billion to modernize Amtrak s Northeast Corridor line, address its repair backlog and improve freight rail. (AP Photo/Matt Rourke)AP
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A closer look at where the money is going and where it’s coming from:
INFRASTRUCTURE PROJECTS $115 billion to modernize the bridges, highways and roads that are in the worst shape. The White House outline estimated 20,000 miles (32,187 kilometers) of roadways would be repaired, while economically significant bridges and 10,000 smaller bridges would get fixed.
President Joe Biden on Wednesday called for a sweeping use of government power to reshape the world's largest economy and counter China's rise in a $2 trillion-plus proposal that was met with swift Republican resistance. The president's "American Jobs Plan" would put corporate America on the hook for the tab as the