Ag industry welcomes Biden's infrastructure plan
Getty Images/iStock Photos $2 trillion American Jobs Plan looks to invest in rural bridges, improve waterways and expand rural broadband access. President Joe Biden proposed on Wednesday his next major initiative – the American Jobs Plan – which would invest $2 trillion, about 1% of GDP per year over eight years, to upgrade the nation’s infrastructure, revitalize manufacturing, invest in basic research and science and shore up supply chains. He pays for the investments by increasing the corporate tax rate to 28% but promised not to raise taxes on those who m...
Source: farmprogress.com