Biden’s $2 trillion infrastructure plan
May 10, 2021
President Joe Biden recently introduced a 2 trillion dollar plan that will upgrade the nation’s infrastructure.
White House officials have released that the proposed spending will obtain 20,000 miles of rebuilt roads, repairs to the 10 most economically important bridges in the country, and a list of plans to help Americans get jobs and strengthen competitiveness.
A huge issue that they want to face head on is the climate crisis. The plan would strengthen the fight against climate change by shifting to new, better and cleaner energy sources, and also help to promote and fight for racial equality in the workforce.
The United States is one of the wealthiest countries in the world, but ranks number 13 in quality of infrastructure. Years go by with bridges, roads, and water systems crumbling because no one is doing anything to maintain them. Millions of people lack access to affordable housing and high-speed internet.
Our nation is falling behind many competitors throughout the world. It’s so important to upgrade and maintain our nation’s infrastructure and competitiveness.
“I think the plan is a really good step in the right direction for the United States. If this plan does go into action, the economy should get better and be more successful. People will have more jobs and the United States will have better and safer roads,” said Olivia Prevost (‘23).
The costs of the plan will be from revenue taxes. President Biden appealed for support from both parties, stating that “the program will be unlike anything we have seen or done since we built the interstate highway system and the space race decades ago” and calling it “the largest American jobs investment since World War II.”
The spending aspect of this plan will take 8 years, and these tax increases would more than offset the spending in 15 years. Officials believe if this plan is approved the plan will end decades of “stagnation in federal investment” in research and infrastructure.