Psaki: Biden has a plan to pay for massive infrastructure proposal

U.S. President Joe Biden will outline his plan for rebuilding America’s infrastructure in remarks on Wednesday and he has a plan to pay for it dollar for dollar, White House press secretary Jen Psaki told reporters on Monday.

The plan is estimated to cost around $3 trillion. “The president has a plan to fix the infrastructure of our country and he has a plan to pay for it,” Psaki said in his statement.

The multi-trillion-dollar plan to rebuild America’s infrastructure, is chosen against the backdrop of an American city with a long union history.

Biden is expected to push for a “Build Back Better” plan that could have a price tag worth $4 trillion to pay for traditional roads and bridges at the same time also tackling climate change and domestic policy issues like income equality.

Tanvi Sabharwal

Tanvi Sabharwal is a graduate in Economics with experience in marketing and strategy. A media enthusiast, she has a deep-rooted interest in social policy and development. Tanvi is currently working as a Business and Current Affairs reporter at USAnewshour.com and can be reached at tanvi.sabharwal21@gmail.com