President Biden unveils his $2 trillion infrastructure plan – here are the details

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The White House said the tax hike, combined with measures designed to stop offshoring of profits, would fund the infrastructure plan within 15 years.

The proposal would:

  • Put $621 billion into transportation infrastructure such as bridges, roads, public transit, ports, airports and electric vehicle development
  • Direct $400 billion to care for elderly and disabled Americans
  • Inject more than $300 billion into improving drinking-water infrastructure, expanding broadband access and upgrading electric grids
  • Put more than $300 billion into building and retrofitting affordable housing, along with constructing and upgrading schools
  • Invest $580 billion in American manufacturing, research and development and job training efforts
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