US President Joe Biden has set out a plan to spend $2 trillion on infrastructure and create jobs following the passing of his $1.9 trillion stimulus package.
In a statement from the White House, the plan to “reimagine and rebuild a new economy” lists transportation infrastructure, digitalisation, job creation, energy supply, R&D, electric cars and climate resilience as its key targets.
“The American Jobs Plan will invest in America in a way we have not invested since we built the interstate highways and won the Space Race,” it reads, as the Biden administration moves to modernise the country and shore up its competitiveness.
The plan has nonetheless been met with opposition from Republicans. Mississippi senator Tate Reeves called the infrastructure plan a “tax hike”, saying infrastructure is “something the federal government, the state government and local government should spend more of our resources on but we don’t have to hike taxes by $2 trillion to do it.”