News Magazine

Opinion: Is Biden’s $2.3 trillion infrastructure plan right for America?

At the height of the Great Depression, President Franklin Roosevelt put America to work. In 1935, when 1 in 5 Americans were unemployed, Washington launched the Works Progress Administration, still the largest public works initiative in the country’s history. Its initial appropriation was $4.9 billion (about $90 billion in today’s dollars), and within three years, it had provided jobs to 3 million Americans.

The WPA’s scope still boggles the mind. Per Smithsonian Magazine, the project “built, improved or renovated 39,370 schools; 2,550 hospitals; 1,074 libraries; 2,700 firehouses; 15,100 auditoriums, gymnasiums and recreational buildings; 1,050 airports, 500 water treatment plants,

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What’s in President Biden $2.3 trillion American Jobs Plan?

President Joe Biden has rolled out his American Jobs Plan, a $2.3 trillion proposal targeted at restructuring the nation’s economy and infrastructure by employing the country’s workforce and increasing corporate taxes.

  • “It’s a once-in-a-generation investment in America,” the president said in speech in Pittsburgh on Wednesday, MarketWatch reported. “It’s big, yes. It’s bold, yes, and we can get it done.”

The trillions of dollars infrastructure and jobs plan, which will need to find traction in a narrowly divided Congress, “would cost roughly $2.3 trillion over eight years and be paid for over 15 years by raising the corporate tax

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Biden, in Pennsylvania, Details $2 Trillion Infrastructure Plan

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‘Rebuild the Backbone of America’: Biden Unveils Infrastructure Plan

President Biden on Wednesday outlined his $2 trillion infrastructure plan that would rebuild and upgrade America’s physical infrastructure, funded primarily by an increase in corporate taxes.

Two years ago, I began my campaign here in Pittsburgh, saying I was running to rebuild the backbone of America. And today, I return as your president to lay out the vision of how I believe we do that — rebuild the backbone of America. It’s time to build our economy from the bottom up,

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Biden taps Gene Sperling to oversee implementation of $1.9 trillion American Rescue Plan

Washington — President Biden has tapped Gene Sperling, a longtime economic adviser under Democratic administrations, to oversee implementation of his $1.9 trillion coronavirus relief plan, the White House announced Monday.

“Gene will be on the phone with mayors and governors, red states, blue states, a source of constant communication, a source of guidance and support, and above all, a source of accountability for all of us to get the job done,” Mr. Biden said during an event at the White House on the implementation of his rescue plan.

The president said Sperling is charged with ensuring the benefits in the

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President Biden Signs $1.9 Trillion American Rescue Plan Into Law

President Biden signed the $1.9 trillion American Rescue Plan Act into law on Thursday, finalizing an early policy victory that will send much-needed aid to millions of Americans still struggling from the COVID-19 pandemic.

“This historic legislation is about rebuilding the backbone of this country and giving people in this nation, working people, middle class folks, people who built the country, a fighting chance,” Mr. Biden said before signing the bill, one day earlier than expected.

The bill was narrowly approved by the House on Wednesday with a vote of 220 to 211, with one Democrat joining all Republicans

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House approves $1.9 trillion COVID relief package, sending bill to Biden

Washington — The House approved the final version of President Biden’s $1.9 trillion coronavirus relief bill on Wednesday, handing the new president a significant legislative victory as he works to stabilize an economy still struggling to rebound from the depths of the COVID-19 pandemic.

The bill, known as the American Rescue Plan Act, passed by a vote of 220 to 211. One Democrat — Representative Jared Golden of Maine — joined all Republicans in voting against the measure. Golden had previously voted against the House version of the bill which passed last week. The legislation will soon head to Mr.

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