While the American Rescue Plan is changing the course of the pandemic and delivering relief for working families, this is no time to build back to the way things were. This is the moment to reimagine and rebuild a new economy. The American Jobs Plan is an investment in America that will create millions of good jobs, rebuild our country’s infrastructure, and position the United States to out-compete China.
Worried about cost? Get some perspective: Public domestic investment as a share of the economy has fallen by more than 40 percent since the 1960s. The United States of America is the wealthiest country in the world, yet we rank 13th when it comes to the overall quality of our infrastructure. After decades of disinvestment, our roads, bridges, and water systems are crumbling. Our electric grid is vulnerable to catastrophic outages. Too many lack access to affordable, high-speed Internet and to quality housing.
Below are the highlights of President Biden’s plan. You can read more here. The plan will:
Fix highways, rebuild bridges, upgrade ports, airports and transit systems. (Remember when the former guy complained that our airports were like those in 3d world countries? When he left office, they four years more worn.)
Deliver clean drinking water, a renewed electric grid, and high-speed broadband to all Americans. To accomplish this, hundreds of thousands of people will be put to work at good-paying jobs.
Build, preserve, and retrofit more than two million homes and commercial buildings, modernize our nation’s schools and child care facilities, and upgrade veterans’ hospitals and federal buildings.
Solidify the infrastructure of our care economy by creating jobs and raising wages and benefits for essential home care workers. The plan will provide home and community-based care for individuals who otherwise would need to wait as many as five years to get the services they badly need.
Revitalize manufacturing, secure U.S. supply chains, invest in R&D, and train Americans for the jobs of the future.
Create good-quality jobs that pay prevailing wages in safe and healthy workplaces while ensuring workers have a free and fair choice to organize, join a union, and bargain collectively with their employers.
Made in America Tax Plan
Alongside his American Jobs Plan, President Biden is releasing a Made in America Tax Plan to make sure corporations pay their fair share in taxes and encourage job creation at home. President Biden believes that profitable corporations should not be able to get away with paying little or no tax by shifting jobs and profits overseas.