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USA: Congress approves Biden's maxi infrastructure plan

2021-11-06T15:07:21.080Z


We will rebuild America by making the richest pay (ANSA) The long-awaited green light for the maxi-billion-dollar infrastructure plan, put forward by President Joe Biden, has arrived in the US House of Congress, thanks to the agreement reached between progressives and moderates in the Democratic Party. The plan, already launched by the Senate, is now going to be signed by the president. Under the agreement reached, the other package of social and climat


The long-awaited green light for the maxi-billion-dollar infrastructure plan, put forward by President Joe Biden, has arrived in the US House of Congress, thanks to the agreement reached between progressives and moderates in the Democratic Party. The plan, already launched by the Senate, is now going to be signed by the president. Under the agreement reached, the other package of social and climate measures developed by Biden, for a total of more than 1.8 trillion dollars, will be voted on later by the House if the spending estimates drawn up by the office budget controls of Congress will coincide with those of the White House. The maxi plan launched by Congress could be approved in the coming weeks.

"If Biden's plans and economic agenda pass - said former US President Donald Trump, in an interview with Fox - the Americans will be harassed and the Democratic Party will lose the majority in the House in the mid-term elections of 2022" . 

The launch of the plan, a bipartisan text, represents a great victory for President Biden, both for its historical significance and for the agreement reached through a compromise between the parties. The package, which represents one of the pillars of the White House's economic agenda, foresees, among other things, an expenditure of 550 billion dollars to modernize the transport network, develop broadband and reform the public service network. This is the most important measure launched by Congress since Biden arrived at the White House, along with the $ 1.9 trillion package approved last spring to combat the pandemic and its economic and social consequences.

"We will create millions of well-paid jobs to build and modernize roads, bridges, railways, ports. We will modernize our country. An effort on major works never made": said US President Joe Biden commenting on the launch by Congress of the maxi plan for infrastructures worth over one trillion dollars, defined as "a monumental step".

"We are rebuilding America and now it's up to the package for welfare and the fight against climate change. It will be approved in the House and the Senate", assured Joe Biden, according to which his agenda "does not increase the deficit, rather it will reduce it in the long term, because the spending measures will be financed by making the richest pay the right, what they owe. Because it cannot be that large companies pay zero taxes. dollars a year ".

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Source: ansa

All life articles on 2021-11-06

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