What is in the bipartite infrastructure plan?


President Biden popular On Thursday, the simplified and revamped bipartisan rewrite of its infrastructure proposal, proclaiming at a White House press conference that it was a unifying achievement for the whole country.

Lawmakers have yet to release legislative language, but White House officials outlined the funding breakdown in a backgrounder that detailed proposed allocations for some of the plan’s pillars, which would be phased over eight years.

Here are some highlights of the $ 579 billion framework – and some of the things that failed to make it through the negotiations.

  • $ 66 billion for rail projects and $ 49 billion for public transit. Mr Biden, speaking to reporters, said Republicans had agreed to fund many of his transport proposals, albeit at reduced levels – and touted the inclusion of a $ 7.5 billion investment dollars at electric vehicle charging stations.

  • $ 109 billion in road and bridge projects. The framework includes an additional $ 25 million to modernize airports and $ 16 billion to improve the country’s freight ports and waterways.

  • $ 201 billion in water, sewer, electricity and environmental sanitation projects. The plan includes $ 55 billion for water infrastructure, $ 21 billion for environmental projects and $ 73 billion for improving the electricity grid.

  • $ 65 billion for broadband infrastructure. Mr Biden said his goal was to provide “universal” broadband access, a move particularly popular with Republican senators in states with large rural and exurban populations.

  • No new taxes on the rich or on corporations. Gone is President Donald J. Trump’s rollback of tax cuts or Mr. Biden’s plan to raise rates paid by corporations, a key selling point of the plan for progressives. But Republicans’ proposals, including a gas tax, which Mr. Biden saw as further taxation of the middle and working classes, have also disappeared.

  • A $ 47 billion down payment on “resilience” projects to deal with climate change. The deal includes billions earmarked for weather protection, upgrading coastal infrastructure and projects to mitigate severe weather.

  • Increased IRS Tax Collection The proposal is expected to include increased enforcement efforts by the Internal Revenue Service to reduce tax evasion by corporations and high incomes. One of the lawmakers who worked on the deal, Senator Mark Warner, Democrat of Virginia, said the package would inject roughly $ 40 billion into execution to produce a net tax revenue gain of $ 100 billion. .

  • No major funding for housing. Mr Biden lamented he was unable to secure commitments for major new investments in affordable housing, but said he would continue to push.

  • Biden’s grand “human infrastructure” plan is gone – at least from that point on. The bipartisan proposal appears to leave out much of the president’s original $ 2 trillion plan – which included massive spending to tackle climate change and subsidize child care, education and others. types of “human infrastructure” spending. This could make the sale difficult for many progressives in the House, who could easily thwart any plan if they choose to oppose the White House. Democrats are pushing for many of these programs to be included in a second bill that could be passed without Republican support using a fast-track legislative process called reconciliation. Mr Biden said the bills should be passed “in tandem”. “If that’s the only thing that comes to mind,” he said of the bipartisan bill, “I’m not signing it.”


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