USD 2 trillion 'American Jobs Plan' as ambitious as space race, says US President Biden

US President Joe Biden's "American Jobs Plan" would put corporate America on the hook for the tab as the government creates millions of jobs building infrastructure, such as roads, tackles climate change and boosts human services like care for the elderly.

President Joe Biden on Wednesday called for a sweeping use of government power to reshape the world's largest economy and counter China's rise in a $2 trillion-plus proposal that was met with swift Republican resistance. The president's "American Jobs Plan" would put corporate America on the hook for the tab as the government creates millions of jobs building infrastructure, such as roads, tackles climate change and boosts human services like care for the elderly. "It's a once-in-a-generation investment in America, unlike anything we've seen or done since we built the interstate highway system and the space race decades ago," Biden said in unveiling the program in Pittsburgh.