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MacroBusiness Access Subscriber Only Content Goldman has the details: 1. The White House proposes to spend roughly $2.2 trillion over ten years.  The Administration expects most of this spending to be complete after 8 years. This appears to be mostly new money with less double-counting of existing spending than in last year’s $1.5 trillion House bill.  Of the $2 trillion, around $558bn appears to go to traditional heavy infrastructure projects like highways, transit, water, and sewer. Another $374bn would go to high-tech areas, such as broadband, grid modernization and clean energy and storage, and electric vehicle-related spending.$378bn would go to the building and upgrade of residential and non-residential structures. R&D and manufacturing incentives would total $480bn. $500bn would be dedicated to caregiving and workforce development. These numbers all look generally similar to the Biden campaign proposals.

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