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The American Jobs Plan Gets Serious about Infrastructure and Climate Change

April 2, 2021
On March 31, 2021, President Biden announced the American Jobs Plan, a sweeping proposal that dedicates over $2 trillion to create jobs through repairing and upgrading infrastructure, revitalizing manufacturing, and valuing the caregiving economy.
Q1: What has Biden announced and how big is it in context?
A1: The American Jobs Plan is the second plank of Biden’s “Build Back Better” agenda to both “rescue” the economy from the Covid-19 recession and “recover” in a way that addresses underlying structural constraints and takes advantage of future economic opportunities. The first component, the $1.9 trillion American Rescue Plan, passed earlier in March.
Broadly, the American Jobs Plan can be divided into four buckets (see chart below). The largest is spending on buildings, schools, and aged care. Transportation infrastructure is the second-largest bucket, notable for the $174 billion it proposes to spend on electric vehicles (EVs). Variou ....

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Initial Takeaways from the American Jobs Plan | Morgan Lewis

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The Biden-Harris administration announced its American Jobs Plan, a legislative framework laying out an ambitious $2 trillion investment in physical and human infrastructure, on March 31. The bulk of the proposed spending is directed to rebuild US infrastructure in the form of physical improvements on roads, bridges, airports, and ports, with additional investment and tax credits to support clean energy generation and storage, electric vehicles, and energy efficiency.
The
American Jobs Plan(Plan) also includes significant proposed investments for housing and school construction, expansion of home- or community-based care for the elderly and those with disabilities, increased access to high-speed broadband internet, and manufacturing and research and development (R&D). The administration ties the federal investments in clean energy and infrastructure to a requirement to provide prevailing wages and requires ....

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Biden Administration Proposes Major Investments In Energy As Part of Infrastructure Proposal | Beveridge & Diamond PC

Biden Administration Proposes Major Investments In Energy As Part of Infrastructure Proposal | Beveridge & Diamond PC
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President Biden Announces American Jobs Plan

President Biden Announces American Jobs Plan
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'The American Jobs Plan': Biden Administration unveils $2 trillion proposal for infrastructure | Hogan Lovells

'The American Jobs Plan': Biden Administration unveils $2 trillion proposal for infrastructure | Hogan Lovells
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