By Ronny P Sasmita | chinadaily.com.cn | Updated: 2021-04-22 17:17 Share CLOSE US President Joe Biden arrives to speak about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, US, March 31, 2021. [Photo/Agencies]
US President Joe Biden unveiled a roughly $2 trillion jobs proposal focused on infrastructure and the climate crisis in a recent speech in Pittsburgh, stressing his support of labor unions and his hope the investment would lift the middle class. Biden 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.
Senate Republicans propose $568 billion infrastructure plan to counter Biden Joey Garrison, USA TODAY
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WASHINGTON Senate Republicans unveiled a $568 billion infrastructure plan Thursday limited to roads, bridges, broadband and other physical infrastructure, countering President Biden s American Jobs Plan with a framework around one-quarter the size of his sweeping $2.25 trillion package.
The counteroffer illustrates the vast gulf between Republicans and Democrats as Biden and lawmakers negotiate an infrastructure bill.
Although their plan doesn t specify how to pay for the spending, Republicans suggested new user fees, resisting a corporate tax rate increase pushed by Biden and keeping former President Donald Trump s 2017 tax cuts intact.
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Ever since the Biden Administration unveiled its sweeping, $2 trillion American Jobs Plan on March 31, his team’s narrative has been notable for what’s missing. A key goal of the plan is to address climate change, yet largely absent from the sales pitch are dire warnings about a warming planet. In their place are breathless visions of new American manufacturing, innovation, and clean-energy independence.
In part the goal is to win vital labor support for the proposal. More broadly, the aim is to merge the long-siloed policy areas of jobs and environmental protection. Proposed investments span from retrofitting old buildings to multiplying the number of electric-vehicle charging stations.