Biden's American Jobs Plan

President Biden's proposed $2 trillion infrastructure plan allocates:

• $621 billion on roads, bridges, public transit, rail, ports, waterways, airports, and electric vehicles to improve air quality, reduce congestion, and limit greenhouse gas emissions
• $400 billion to bolster caregiving for aging and disabled Americans
• $300 billion toward boosting manufacturing, specifically semiconductor, medical, and clean manufacturing
• $213 billion toward building, renovating, and retrofitting over two million homes and housing units
• $180 billion to advance US leadership in critical technologies, upgrade research infrastructure, and establish the US as a leader in climate science, innovation, and research and development
• $111 billion to rebuild water infrastructure and replace all of the nation's lead pipes and service lines
• $100 billion to build new public schools and upgrade existing buildings, and $12 billion to states to use towards infrastructure needs at community colleges
• $100 billion in order to give every American access to affordable, reliable, and high-speed broadband
• $100 billion to workforce development to help dislocated workers, assist underserved groups, and get students on career paths before they graduate high school
• $18 billion to modernize the Veterans Affairs' hospitals and $10 billion to modernize federal buildings

Biden's proposal would be paid for by raising corporate tax to 28% and the global minimum tax to 21%, placing a 15% levy on book income for the largest corporations, and corporate inversions.