Biden Set To Unveil $2 Trillion Infra Proposal

At $2 trillion, the U.S. Government is set to unveil the biggest investment in infrastructure since the 1960s, and President Joe Biden is confident that the America Jobs Plan will not only revitalise infrastructure but provide jobs to millions of citizens.

The plan is spread over eight years with $650 billion to be spent on upgrading 20,000 miles (32,186 km) of highways, roads and main streets. It will fix 10 of the most economically significant bridges in need of reconstruction and repair 10,000 smaller bridges, thereby reconnecting communities. It will double federal funding for public transit, bring bus and rail services to new communities and neighbourhoods, especially those that have been excluded from resources and opportunity.

The money will also boost the push towards e-vehicles, with 500,000 electric charging stations, electrifying at least 20,000 of the school bus fleet and helping consumers buy the vehicles of tomorrow. It is envisaged that at least 40 per cent of total investment will go into disadvantaged communities. Broadband access will be provided to 35 per cent of rural communities that today lack access to the internet.