Welcome to the zigbeenuthouse!!! Our discussion board has topics on ALL Sports and teams from college to pros, Reds, Buckeyes, Bengals, Browns, Food, US politics, religion, news, AND MORE! You MUST register with an acct. to post here. The access to read as non member is CLOSED so register and gain an acct. with user name and ENJOY this site. (June 11, 2019)

Welcome our new members Month of August Battboy (April 03, 2020)


Share on Facebook Share on Twitter

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
zigbeeBiden Rebuild America Plan now focus on infrastructure
#1
President Biden released a sprawling proposal to rebuild the nation's crumbling infrastructure and pump money into manufacturing, transportation, renewable energy and combating climate change — a $2.25 trillion measure that will be funded largely by raising taxes on U.S. corporations.

The eight-year initiative, dubbed the American Jobs Plan, comes on the heels of Biden's $1.9 trillion American Rescue Plan. The White House said it will pay for the latest package by raising the corporate tax rate to 28% from 21% — rolling back part of former President Donald Trump's 2017 tax cuts — and increasing the global minimum tax on U.S. corporations to 21% from 13%.

The Biden administration is also planning a second major package, which could cost upward of $1 trillion, that it will unveil in April. That measure, which will likely be funded by tax increases on wealthy Americans, is expected to focus on domestic issues, such as expanding health care, providing universal kindergarten, extending the child tax credit and offering paid family leave.



Biden is set to formally introduce the American Jobs Plan in Pittsburgh on Wednesday afternoon, his opening salvo in what's expected to become a contentious, monthslong negotiation with Congress.


President Joe Biden speaks during an event on COVID-19 vaccinations, in the South Court Auditorium on the White House campus, Monday, March 29, 2021, in Washington. (AP Photo/Evan Vucci)


Here's a closer look at the key elements of Biden's plan:

Transportation
The plan calls for $621 billion in new spending on roads, bridges, rail, ports, waterways, airports, public transportation and electric vehicles.

About $115 billion of that money would go toward modernizing 20,000 miles of highways, roads and main streets that are "in most critical need of repair," as well as repairing the most "economic significant large bridges" and roughly 10,000 smaller bridges, according to a fact sheet released by the White House.

Biden proposed investing $85 billion to modernize the public transportation system and help agencies expand their systems to meet demand. This would double federal funding for public transport.

Another $80 billion would go toward addressing Amtrak's backlog repair and modernizing the Northeast Corridor, the line that connects Washington and New York City, as well as Biden's hometown of Wilmington, Delaware.

The president would direct $25 billion to airports and $17 billion to inland waterways, ports and ferries.

Finally, the plan includes $20 billion for a new program that would connect neighborhoods cut off my historic investments and ensure "new projects increase opportunity, advance racial equity and environmental justice, and promote affordable access."



Electric vehicles
The proposal also includes $174 billion to invest in electric vehicles, money the White House said will "enable automakers to spur domestic supply chains from raw materials to parts, retool factories to compete globally, and support Americans workers to make batteries and EVs."

It will also provide sales rebates and tax incentives to encourage Americans to buy electric vehicles, and offers grant and incentive programs to state and local governments to expand the number of electric-vehicle chargers that are available. The plan will replace 50,000 diesel transit vehicles and switch at least 20% of school busses to electric vehicles.


President Joe Biden speaks about COVID-19 vaccinations and response, in the South Court Auditorium on the White House campus, Monday, March 29, 2021, in Washington, as Vice President Kamala Harris listens. (AP Photo/Evan Vucci)

Manufacturing
Biden will call on Congress to invest $300 billion to boost American manufacturing, including allocating $50 billion for semiconductor manufacturing and research and $50 billion for the National Science Foundation to create a technology directorate.

He is also asking $50 billion to create a new office at the Department of Commerce dedicated to monitoring domestic industrial capacity and funding investments to support production of critical goods.

Research and development
The measure also seeks to address future pandemics and includes $30 billion over four years to make major investments in medical countermeasures manufacturing, research and development, and related biopreparedness and biodiversity.



That includes funding to shore up the nation's strategic stockpile, accelerate the timeline to research, develop and field tests and therapeutics for emerging and future outbreaks, accelerate response time by developing prototype vaccines and ensure sufficient production capacity in case of emergency.

"The risk of catastrophic biological threats is increasing due to our interconnected world, heightened risk of spillover from animals to humans, ease of making and modifying pandemic agents, and an eroding norm against the development and use of biological weapons," the White House said.

Clean water
The American Jobs Plan directs $111 billion to rebuild the nation's water infrastructure and would replace all of the lead pipes and services lines in order to improve children's health and that of communities of color.

The proposal would also upgrade the country's drinking water, wastewater and stormwater systems.

Schools
Biden is calling for $100 billion to build new public schools and upgrade existing buildings with better ventilation systems and indoor air quality. The money will also go toward investing in energy-efficient and electrified school buildings in order to reduce greenhouse gas emissions.

Another $12 billion would go to states to improve physical and technological infrastructure at community colleges. Biden also proposed sending $25 billion to upgrade child-care facilities and increase the supply of child care in areas that need it most.


Broadband internet
The measure includes $100 billion to bring high-speed broadband internet to all Americans. The White House said the plan will also make pricing more transparent and competitive and includes short-term subsidies for low-income households.

Housing
The plan invests $213 billion to build more than 2 million affordable homes. It would also include tax credits to build housing for low-income families and $40 billion for public housing.

Hospitals, home-care services
Biden would provide $400 billion to bolster caregiving for elderly and disabled Americans and would expand access to long-term care services through Medicaid. The proposal also calls for directing $18 billion to modernize the Veterans Affairs' hospitals and $10 billion to modernize federal buildings.

Corporate tax increases
The proposal will raise the corporate tax rate to 28% from the current rate of 21%. Republicans dramatically cut the corporate tax rate in 2017 with the passage of the Tax Cuts and Jobs Act, slashing the rate paid by U.S. businesses from 35% to 21%.



The plan would also institute a 15% minimum tax on a corporation's profits for financial-reporting purposes.

International taxes
The plan would also impose a minimum tax on the profits U.S. corporations earn overseas, increasing the rate to 21% from about 13% paid by corporations now.

It also creates new measures that would stop companies from claiming tax havens as their residence and would penalize companies for moving jobs overseas.


Eliminate tax breaks for oil, gas companies
Biden has called for eliminating special preferences for the fossil-fuel industry, including oil and gas companies, and would require those companies to pay into the Superfund Trust Fund to help cover the costs of pollutant clean-ups.

IRS audits
Finally, the American Rescue Plan would provide additional funding to the Internal Revenue Service in order to ensure the agency is able to increase tax audits on corporations.
Make America Honest Again
Reply
#2
Some of that stuff is actually needed!

No longer GroupThink 'woke'.  but it was fun while it lasted.
Reply
#3
God help us. All this will receive zero votes from Republicans and relies on a tie-breaking vote in the Senate, a tiny majority in the House, and a fraudulently elected POTUS.
1
Reply
#4
(03-31-2021, 11:39 AM)Alabuckeye Wrote: Some of that stuff is actually needed!
You're joking, right?
Reply
#5
(03-31-2021, 11:40 AM)Beastdog Wrote:
(03-31-2021, 11:39 AM)Alabuckeye Wrote: Some of that stuff is actually needed!
You're joking, right?
Of course not.  Presidents backwards have talked about our crumbling infrastructure......Trump ran on a $1T infrastructure plan in 2016, Obama talked and did nothing, Bush talked about it.  Bridges, roads, sewer systems, electrical grid, they all need upgrading.

No longer GroupThink 'woke'.  but it was fun while it lasted.
Reply
#6
Every Democrat "stimulus" plan is a fraud and nothing but a payback to the people that elected them.  This would be no different.
Let us cross over the river and rest under the shade of the trees.
1
Reply
#7
(03-31-2021, 11:39 AM)Alabuckeye Wrote: Some of that stuff is actually needed!

Talking points to cover for where the coin actually ends up. Chamber of Commerce, Unions, Pensions, Pork, and Academia. 

Notice not a peep mentioned about the defense or military.
“Trump? That’s a guy who shook hands with Kim Jong-Un and did not hesitate to kill Qasem Soleimani. You do not mess with a guy like that” 

-- Ali
1
Reply
#8
(03-31-2021, 11:43 AM)Hightop77 Wrote: Every Democrat "stimulus" plan is a fraud and nothing but a payback to the people that elected them.  This would be no different.

B I N G O !
“Trump? That’s a guy who shook hands with Kim Jong-Un and did not hesitate to kill Qasem Soleimani. You do not mess with a guy like that” 

-- Ali
Reply
#9
I hope it tanks the economy for years. Idiots that support this communist and his henchmen need to learn their lessons. Sure the good hard working sensible folks will be hurt but it needs to happen. Pray for inflation!
Reply
#10
(03-31-2021, 11:42 AM)Alabuckeye Wrote:
(03-31-2021, 11:40 AM)Beastdog Wrote:
(03-31-2021, 11:39 AM)Alabuckeye Wrote: Some of that stuff is actually needed!
You're joking, right?
 Obama talked and did nothing,
Nope. Obama took 700 billion dollars and distributed it to his buddies including phony green energy companies like Solyndra and several others.  Maybe 10-15% went where he claimed when he was selling it.  As for Trump, there is no way he could ever get a reasonable stimulus through once the Democrats controlled the House.
Let us cross over the river and rest under the shade of the trees.
Reply
#11
By the looks of this, most of the money gets spent in blue cities and blue states to pay for blue initiatives.

Sent from my SM-N960U using Tapatalk
Reply
#12
(03-31-2021, 11:47 AM)lrrps21 Wrote:
(03-31-2021, 11:39 AM)Alabuckeye Wrote: Some of that stuff is actually needed!

Talking points to cover for where the coin actually ends up. Chamber of Commerce, Unions, Pensions, Pork, and Academia. 

Notice not a peep mentioned about the defense or military.
why would there be talk of defense appropriations in an infrastructure appropriations bill?  Two totally separate types of appropriations.

No longer GroupThink 'woke'.  but it was fun while it lasted.
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  Biden wanted generals that would... K9Buck 1 36 Yesterday, 06:02 PM
Last Post: davebucknut
  Pelosi is reaching Biden level mental instability zigbee 13 129 Yesterday, 03:46 PM
Last Post: P1tchblack
  The so-called "investigation" of Hunter Biden K9Buck 41 651 Yesterday, 02:48 PM
Last Post: davebucknut
  Did you guys all see what "Biden" did??? P1tchblack 204 2,819 08-07-2022, 03:42 PM
Last Post: Syncro
  Biden administration releases a deep fake of potus davebucknut 33 315 08-02-2022, 03:21 PM
Last Post: Syncro
  Biden Regime says it OPPOSES Taiwan independence K9Buck 5 70 08-01-2022, 03:43 PM
Last Post: Syncro
  Biden Regime working hard for Griner than they did Americans in Afghanistan K9Buck 23 195 08-01-2022, 01:22 PM
Last Post: dunefan
  Biden tests positive for Covid again maize 8 94 07-30-2022, 05:18 PM
Last Post: 3rdgensooner
  What happens if Joe Biden dies from Covid? K9Buck 14 370 07-25-2022, 11:14 AM
Last Post: TroyKidd
  Hunter Biden is really in some big trouble zigbee 18 574 07-23-2022, 10:36 AM
Last Post: maize

Forum Jump:


Users browsing this thread:
https://www.facebook.com/Zigbeenuthousecom-425755324858973/?modal=admin_todo_tour