Biden supports Green Infrastructure
Joe Biden unveils $2.6 trillion infrastructure bill
Washington: US President Joe Biden has unveiled a massive $US2 trillion ($2.6 trillion) infrastructure plan he says will allow America to beat China economically and position the country as a global leader in clean energy technology.
Biden has proposed paying for the plan by lifting the US corporate tax rate from 21 to 28 per cent, reversing a cut his predecessor Donald Trump signed into law at the end of 2017.
“I’m convinced that, if we act now, in 50 years, people are going to look back and say this was the moment that America won the future,” he said during a speech in Pittsburgh, Pennsylvania, a city in America’s post-industrial Rust Belt.
The plan would create millions of new jobs and show that democracies can still deliver for their citizens by helping the US “win the global competition with China”.