Here's what's in Biden's infrastructure proposal - News Summed Up

Here's what's in Biden's infrastructure proposal


The infrastructure spending plan is the first of a two-part proposal to help the nation's economy recover from the coronavirus pandemic. Here's what we know so far about Biden's infrastructure proposal, according to the White House. Transportation: $621 billionFunding improvements to roads, bridges, railways and other infrastructure has been a central piece of Biden's recovery plans. Digital infrastructure: $100 billionBiden wants to invest $100 billion in order to give every American access to affordable, reliable and high-speed broadband. Here's how Biden plans to pay for it:Corporate tax hike: Biden would raise the corporate income tax rate to 28%, up from 21%.


Source: CNN March 31, 2021 09:00 UTC



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