Key Questions to Consider:
1: What Does His Plan Aim to Do?
President Joe Biden’s administration proposed a massive infrastructure plan last week, debuting with the clever phrase “build back better.” What the administration means by that is fulfilling campaign promises through major investment in private companies around the United States. These investments will promote the expansion of telecommunications technologies such as 5G, introduction of broadband internet in rural areas, development of carbon-free transportation, increase in “green” energy production, and production of semiconductors (of which have been the source of tech product shortages in recent months). Alongside this financing comes the typical funding of road and bridge repair, and other public property improvements.
2: How much does it cost?
Last Tuesday, Senators were informed that the bill would cost in the ballpark of 2 trillion dollars, but other members of Congress say it could cost more. Press Secretary Jen Psaki informed journalists that after listening to plans for funding by Congress, some proposals were up to nearly $3 trillion. Psaki also noted that “…he [President Biden] also believes that we have an opportunity…. to address our tax code that is out of date. And some could pay more in our country that are not currently.” Congress also estimates that the plan will last for approximately 8 years.
3: What do the major two parties think?
Republicans: Republicans argue that this isn’t an infrastructure bill, but more of an investment in the private sector for technology and green energy. Right-wing commentator and FOX News host Tucker Carlson compared the measures to the “Green New Deal,” arguing that it pushes for policies that work more towards solving climate issues rather than an actual attempt to fix roads and bridges. Another point argued by individuals on the right is with inflation on the rise, the approximate cost over the 8 years proposed could prove to be much more than anticipated.
Democrats: Democrats argue that the plan is a great way to prepare the United States for the future, with the digital age becoming more prevalent in the lives of the people. Individuals on the left are also hopeful that the plan will finally put an end to the woes of infrastructure problems in the United States for transportation. CEO of the American Public Transportation Association noted that the focus on specific transportation in the plan is “…years, if not decades overdue.”
- The Biden infrastructure plan aims to address physical and digital infrastructure with additional investments in technology and carbon-neutral energy production.
- The plan is estimated to cost 2 trillion dollars over the span of 8 years but could cost 3 trillion or more after finalization.
- Republicans are generally against the bill, arguing that it is too expensive and is centered around green energy and technology rather than traditional infrastructure. Democrats argue that investment in green energy and technology alongside typical funding of road and bridge repair is a good idea for the future of the country.
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Featured image: AFP