Biden unveils $2T American Jobs Plan to boost infrastructure

The White House is set to announce a massive plan for everything from highway bridges to electric-vehicle charging stations funded by tax hikes on corporations.

United States President Joe Biden is set to unveil an ambitious development plan Wednesday that includes boosting the country’s ageing infrastructure and fighting climate change — all paid for with a series of tax increases on corporations. It’s the veteran inside-the-beltway dealmaker’s answer to former President Donald Trump’s lacklustre “infrastructure week”, an initiative that became a long-running, Groundhog Day-esque joke in Washington when it failed to get off the ground because it was too expensive and complicated. Despite his previous career in real estate, Trump’s penchant for building never did shine brightly in the White House. Now, Biden has set an agenda to rebuild the US’s roads, bridges, ports, airports and more, an endeavour that comes on the heels of his $1.9 trillion American Rescue Plan that pumped stimulus money into the coronavirus-ravaged American economy.