SHARE LEXINGTON, Ky. — President Joe Biden released details on March 31 about the $2.3 trillion American Jobs Plan, which would provide funding for infrastructure, clean energy, innovation, research and development, manufacturing and workplace support, and the caregiving economy. What You Need To Know Kentucky receives a "C-" on Infrastructure Report Card Coal-producing counties hit especially hard with funds dwindling Leaders await guidance on how to spend money Pike County Judge-Executive says flexibility is critical The proposal also includes revenue figures to partially offset the new initiatives by increasing the corporate tax rate to 28%. In a recent speech at the United Brotherhood of Carpenters and Joiners of America Pittsburgh Training Center, Biden said the plan is a transformative effort to overhaul the nation’s economy, calling it the most significant federal jobs investment since World War II, create hundreds of thousands of jobs and make America the global leader in emerging sectors such as battery technology, biotechnology and clean energy.