Joe Biden to announce massive $2 trillion infrastructure plan

The legislation, called the American Jobs Plan, is being pitched by the White House as America’s response to the climate crisis and “the ambitions of an autocratic China” and is expected to be financed by corporate taxes

U.S. President Joe Biden will visit Pittsburgh on Wednesday afternoon to announce a massive $2 trillion infrastructure plan, which will, over eight years, rebuild much of America’s infrastructure – from roads and bridges to high speed internet infrastructure and water pipes. The legislation, called the American Jobs Plan, is being pitched by the White House as America’s response to the climate crisis and “the ambitions of an autocratic China” and is expected to be financed by corporate taxes. The plan will include $621 billion for modernizing roads and bridges, modernizing public transit (buses, rapid bus transport, railway tracks and coaches), passenger and freight rail services and electric vehicles, according to the White House, which unveiled the plan on Wednesday.