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January 19, 2022

U.S. Voters

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Future Of U.S. Infrastructure CRUMBLES

1 min read

The future outlook of U.S. infrastructure is soul-crushing. John Iadarola and Brett Erlich break it down on The Damage Report.

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Read more here: https://www.vox.com/2021/3/31/22357179/biden-two-trillion-infrastructure-jobs-plan-explained

"President Joe Biden proposed his opening bid on Wednesday for a $2 trillion infrastructure package that pushes the US toward a clean energy economy.

The bulk of Biden’s plan involves upgrading America’s roads, bridges, and public transit. But it also takes a sweeping definition of the word “infrastructure,” expanding long-term care for older adults through Medicaid, banning exclusionary zoning, and investing in community-based violence reduction programs, among many other things.

The American Jobs Plan, which he will formally introduce later Wednesday in Pittsburgh, Pennsylvania, will invest about $2 trillion over the next eight years, amounting to about 1 percent of America’s GDP per year over that time, an administration official estimated."

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