American Jobs Plan is once-in-a-lifetime opportunity: President Biden

President Biden on Saturday termed his American Jobs Plan as a “once-in-a-generation opportunity”. He also invited member of the Job Cabinet – Secretary of transportation, secretary of the department of energy, secretary of labour, secretary of commerce, secretary of housing and urban development.

With the pandemic being dealt with, this could be the defining moment for America by “reimagining and rebuilding the new economy”, says The White House. Even though it is the world’s richest economy but it still ranked 13th when comparing its infrastructure to other countries. In order to change this, President Biden on March 31st, 2021 unveiled his American Jobs Plan.

In his first budget, he proposed $2.25 trillion for his Jobs Plan. He plans to spend a major chunk in transportation by fixing 10,000 smaller bridges that provide critical linking to communities and will modernize 20,000 miles of highway, main-streets and roads. Further under transportation, he plans to change thousands of rail cars, buses, renew airports and expands rail into new communities.

President Biden’s Jobs plan will be covering:

  • A renewed electric grid, high-speed broadband service and delivery of clean drinking water.
  • President plans to create jobs by having the buildings of childcare facilities, commercial building and schools are built or repaired in order to make them affordable, accessible and energy sufficient.
  • Train Americans for the jobs of the future, invest in R&D, regenerate manufacturing.
  • Create an employee-friendly workplace by making sure they know and have their rights of joining a union, bargain collectively with their employer

The White House further said that “about $2 trillion will be invested this decade.” “If passed alongside Biden’s corporate tax plan, it will be fully paid within the next 15 years and reduce deficits in the years after,” it continued.

Adnan Nasir

Adnan Nasir is pursuing post-graduation in Finance. A media enthusiast with interest in social policy and development. Adnan is currently working as Business and Current Affairs reporter at USAnewshour.com and can be reached at adnannasir39@gmail.com