I don't believe we have discussed what is in the plan. First, where is the money going? USAToday has a good breakdown https://www.usatoday.com/in-depth/n...re-bill-charts-detail-bidens-plan/4820227001/
I know people are going to be critical of the price tag, $2 trillion is a lot. But it is over 10 years, our needs are many. The question shouldn't be "is it too much", the question should be "will it solve problems and grow the economy". No one complains if a corporation takes on debt to build a new plant if it is going to boost profits in the long run.
I suspect the money for electric cars are going to be a question. We can debate the help to purchase them, that may be a good question. But the EV stations? I think that is a good and necessary idea. The world IS changing, we need to get with it.
I suspect the biggest complaint will be the tax increases. The corporate tax is going to go back up half of what was cut. So we still have a significant reduction in taxes from 2016. A 7% cut from 35% is still a 20% cut from 2016. Of course it is a 33% increase from today.
There is money in there to replace lead pipes in drinking water, needed. Rural broadband, needed. Modernized mass transit, needed.
For whatever reason, the GOP never advanced an infrastructure bill under Trump, and I recall him going to Cincy discussing how much the Brent Spence Bridge needed repaired or replaced. In the 4 years since, the cost of that has not at all gone down.
We must have infrastructure. $2 trillion over 10 years isn't outlandish.
I know people are going to be critical of the price tag, $2 trillion is a lot. But it is over 10 years, our needs are many. The question shouldn't be "is it too much", the question should be "will it solve problems and grow the economy". No one complains if a corporation takes on debt to build a new plant if it is going to boost profits in the long run.
I suspect the money for electric cars are going to be a question. We can debate the help to purchase them, that may be a good question. But the EV stations? I think that is a good and necessary idea. The world IS changing, we need to get with it.
I suspect the biggest complaint will be the tax increases. The corporate tax is going to go back up half of what was cut. So we still have a significant reduction in taxes from 2016. A 7% cut from 35% is still a 20% cut from 2016. Of course it is a 33% increase from today.
There is money in there to replace lead pipes in drinking water, needed. Rural broadband, needed. Modernized mass transit, needed.
For whatever reason, the GOP never advanced an infrastructure bill under Trump, and I recall him going to Cincy discussing how much the Brent Spence Bridge needed repaired or replaced. In the 4 years since, the cost of that has not at all gone down.
We must have infrastructure. $2 trillion over 10 years isn't outlandish.