US President Joe Biden will announce a massive once-in-a-century USD 2 trillion plan on Wednesday to transform America’s aging infrastructure, and position the country to out-compete China, according to officials.
The American Jobs Plan, to be announced by Biden in Pittsburgh, Pennsylvania, will create millions of good-paying jobs and rebuild the US infrastructure.
This is a once-in-a-century capital investment in America, according to officials.
It will also position the United States to out-compete China, they said.
By investing about USD 2 trillion over the next eight years, we can transform our current and future infrastructure and fundamentally change life for Americans, officials said ahead of the presidential visit to Pittsburgh.