White House unveils $2 trillion infrastructure and climate plan
The White House’s unveiling of a $2 trillion jobs, infrastructure and green energy proposal to reshape the U.S. economy met a chorus of opposition late Wednesday, with Republicans panning it as a partisan wish-list, some liberals challenging it as not sufficient to combat climate change and business groups rejecting its proposed tax hikes.
Under what the administration calls the American Jobs Plan, President Biden aims to tackle some of the nation’s most pressing problems — from climate change to decaying water systems to the nation’s crumbling infrastructure.
In a speech Tuesday afternoon at the United Brotherhood of Carpenters and Joiners of America Pittsburgh Training Center, Biden pitched his plan as a transformative effort to overhaul the nation’s economy. He called it the most significant federal jobs investment since World War II, saying it would put hundreds of thousands of electricians and laborers to work laying miles of electrical grid and capping hundreds of oil wells. He said the plan’s research funding would make America the global leader in emerging sectors such as battery technology, biotechnology and clean energy.
“This is not a plan that tinkers around the edges. It is a once-in-a-generation investment in America, unlike anything we’ve done since we built the Interstate Highway System and the Space Race,” in the 1950s and ’60s, Biden said.
“We have to move now. I’m convinced that if we act now, in 50 years people will look back and say, ‘This was the moment America won the future.’ ” [Continue reading…]