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Biden proposes $2 trillion 'once-in-a-generation' investment in US economy

"It's a once-in-a-generation investment in America, unlike anything we've seen or done," Biden said in Pittsburgh

Joe Biden
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Biden is ignoring a campaign promise to raise taxes on wealthy individuals, at least for now, with none of the expected increases in the top marginal rate or capital gains tax

Steve Holland and Jarrett Renshaw | Reuters Pittsburgh
President Joe Biden on Wednesday called for a sweeping use of government power to reshape the world's largest economy and counter China's rise in a $2 trillion-plus proposal that has been met with swift political resistance.

Biden's proposal would put corporate America on the hook for the tab for projects putting millions of Americans to work building infrastructure such as roads as well as tackling climate change and boosting human services like elder care.
 
"It's a once-in-a-generation investment in America, unlike anything we've seen or done," Biden said in Pittsburgh. "It's big, yes. It's bold, yes. And we can get it

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