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Although the US rescue plan is changing the course of the pandemic and providing relief to working families, now is not the time to recover. Now is the time to reimagine and rebuild the new economy. The US Jobs Program is an investment in the United States. It will create millions of good jobs, rebuild our country’s infrastructure, and enable the United States to outperform China in competition. Since the 1960s, the share of domestic public investment in the economy has fallen by more than 40%. The American Jobs Program will invest in the United States in a way that has never been seen since we built interstate highways and won the space race. The United States is the richest country in the world, but we rank 13th in terms of overall quality of infrastructure. After decades of divestment, our roads, bridges and water supply systems are collapsing. Our power grid is vulnerable to catastrophic power outages. Too many people do not have access to affordable high-speed internet and high-quality housing. The past year caused unemployment and threatened economic security, eroding the progress of female labor force participation for more than 30 years. It reveals the fragility of our care infrastructure. Moreover, our country lags behind its biggest competitors in research and development (R&D), manufacturing and training. For us, investing in strengthening our infrastructure and competitiveness, as well as creating high-paying union jobs in the future, has never been more important than it is now.

Like the great projects of the past, the President’s plan will unify and mobilize the country to meet the great challenges of our time: the climate crisis and the ambitions of authoritarian China. It will invest in Americans and provide the jobs and opportunities they deserve. But unlike major investments in the past, the plan prioritizes solving the long-standing issue of racial injustice. The goal of the plan is to allocate 40% of the investment income of climate and clean infrastructure to disadvantaged communities. Moreover, the plan invests in rural communities and communities affected by the market-based clean energy transition. Specifically, President Biden’s plan will: repair highways, rebuild bridges, upgrade ports, airports, and transportation systems. The President’s plan will modernize 20,000 miles of highways, roads, and main streets. It will repair ten of the most economically significant bridges in the country that need to be rebuilt. It will also repair the worst of 10,000 smaller bridges, providing important connections to the community. Moreover, it will replace thousands of buses and rail cars, repair hundreds of stations, update airports, and expand transportation and railways to new communities. Provide all Americans with clean drinking water, updated power grids and high-speed broadband. President Biden’s plan will eliminate all lead pipes and service lines in our drinking water system and improve the health of our children and communities of color. It will put hundreds of thousands of people into work, lay thousands of miles of transmission lines, and seal hundreds of thousands of isolated oil and gas wells and abandoned mines. Moreover, it will bring affordable and reliable high-speed broadband to every American, including more than 35% of rural Americans who cannot access broadband at the lowest acceptable speed. Construct, protect and renovate more than 2 million residential and commercial buildings, modernize our country’s schools and childcare facilities, and upgrade veterans’ hospitals and federal buildings. President Biden’s plan will create good job opportunities to build, repair and renovate affordable, convenient, energy-efficient and resilient housing, commercial buildings, schools, and childcare facilities across the country, while also greatly improving our country. Of federal facilities, especially those serving veterans. Consolidate the infrastructure of our nursing economy by creating employment opportunities and increasing the wages and benefits of basic family caregivers. These workers—most of whom are women of color—have been underestimated and underestimated for a long time. The President’s plan has invested heavily in the infrastructure of our care economy, starting with creating new and better jobs for caregivers. His plan will provide home and community care for individuals who have to wait up to five years to receive the services they desperately need. Revitalize the manufacturing industry, protect the American supply chain, invest in research and development, and train Americans to cope with the jobs of the future. President Biden’s plan will ensure that America’s best and most diverse talents are committed to creating future innovations while creating hundreds of thousands of high-quality jobs today. Our workers will build and manufacture things all over the United States, and they will be trained in high-paying, middle-class jobs. Create high-quality jobs and pay current wages in a safe and healthy workplace, while ensuring that workers have a free and fair choice to organize, join unions, and negotiate collectively with employers. By ensuring that U.S. taxpayers’ money benefits working families and their communities, rather than multinational corporations or foreign governments, the plan will require goods and materials to be manufactured in the U.S. and shipped on U.S. crew ships flying the American flag. The plan will also ensure that Americans who have suffered systemic discrimination and exclusion for generations will eventually have the opportunity to get a high-paying job and become a member of a union. In addition to his U.S. employment plan, President Biden also issued a U.S. manufacturing tax plan to ensure that companies pay a fair share of taxes and encourage job creation in the country. A recent study found that 91 Fortune 500 companies paid $0 in federal taxes on U.S. income in 2018. Another study found that, on average, each company pays only 8% of taxes. President Biden believes that profitable companies should not avoid paying taxes or not paying taxes by transferring jobs and profits overseas. President Biden’s plan will reward domestic investment, stop profit transfers, and ensure that other countries will not gain a competitive advantage by becoming tax havens. The President’s American Jobs Program is a historic public investment—mainly a one-time capital investment in our nation’s productivity and long-term growth. It will invest about 1% of GDP every year for eight years to upgrade our country’s infrastructure, revitalize manufacturing, invest in basic research and science, support the supply chain, and consolidate our nursing infrastructure. Leading economists agree that these investments will now provide Americans with good jobs and will pay off for future generations by making the country more competitive and our communities stronger. The plan will invest a total of approximately US$2 trillion in this decade. If passed along with President Biden’s tax plan for American manufacturing companies, it will be paid in full in the next 15 years and reduce the deficit in the following years. Build world-class transportation infrastructure: repair highways, rebuild bridges, and upgrade ports, airports, and transportation systems President Biden called on Congress to make historic and overdue investments in our roads, bridges, railways, ports, airports, and transportation systems . The President’s plan will ensure that these investments produce high-quality jobs with strict labor standards, universal wages, and free and fair options for unionization and collective bargaining. These investments will promote racial equality by providing better jobs and better transportation options for underserved communities. These investments will also provide small businesses with opportunities to participate in the design, construction and manufacturing of new infrastructure and components. President Biden’s plan will provide an infrastructure that Americans can trust because it will be able to withstand floods, fires, storms, and other threats, and will not become vulnerable in the face of these increasing risks. President Biden called on Congress to: Transform our crumbling transportation infrastructure: Decades of declining public investment has left our roads, bridges, railroads, and transportation systems in poor condition, and a backlog of trillions of dollars that needs to be repaired. Every year, more than 35,000 people die in traffic accidents on American roads, and millions more are seriously injured, often permanently. The United States has one of the highest traffic fatalities among industrialized countries, twice that of Canada and four times that of Europe. In cities, suburbs and rural areas, President Biden’s plan will help parents to work reliably and affordable, reduce the impact of climate change on our children, and ensure that fewer families grieve for the loss of their loved ones in car accidents. His investment will use more sustainable and innovative materials, including cleaner steel and cement, as well as American-made parts and components, which will be transported by American crews on ships flying the American flag in accordance with American law. Moreover, his infrastructure investment will reduce socioeconomic disparities, promote racial equality, and promote affordable opportunities. The President’s plan to invest an additional $621 billion in transportation infrastructure and resilience. it will:

Make our infrastructure more resilient: Millions of Americans feel the effects of climate change every year when their roads are washed out, airport power is interrupted, or schools are flooded. In the last year alone, the United States faced 22 extreme weather and climate-related disasters, each with losses of more than 1 billion U.S. dollars-a cumulative loss of nearly 100 billion U.S. dollars. The long-term underinvestment in resilience has damaged America’s transportation infrastructure, disrupted services, made travel conditions unsafe, caused severe damage, and increased maintenance and operating costs. In 2020, the United States experienced 22 separate weather and climate disasters worth US$1 billion, causing US$95 billion in losses to households, businesses, and public infrastructure. In Louisiana, Hurricane Laura caused US$19 billion in damage, severely damaged the water supply system and power grid, and prevented rapid recovery. Better reconstruction requires investment in this historic plan to make our infrastructure more resilient in the face of increasing floods, wildfires, hurricanes and other risks. Every dollar spent on rebuilding infrastructure during Biden's administration will be used to prevent, reduce and resist the impact of the climate crisis. In addition, the President called for a special investment of US$50 billion to increase the flexibility of infrastructure and:

Rebuilding clean drinking water infrastructure, updated power grids, and high-speed broadband for all Americans Too many American households drink contaminated water, cannot access affordable high-speed Internet, or frequently encounter power outages—and pay for these people at the same time More cost services. President Biden’s plan invests in the necessary infrastructure to ultimately provide the water, broadband, and electricity services that Americans deserve. Specifically, his plan will: Ensure clean and safe drinking water is a right of all communities: across the country, pipelines and treatment plants are aging, and contaminated drinking water is endangering public health. An estimated 6-10 million households still get drinking water through lead pipes and service lines. The President’s investment in improving water supply infrastructure and replacing lead service lines will create good employment opportunities, including unions and general wage work. President Biden’s plan to invest $111 billion is used to:

Revitalize America’s digital infrastructure: A few generations ago, the federal government recognized that Americans would not be able to participate fully in modern society and the modern economy without an affordable supply of electricity. Through the Rural Electrification Act of 1936, the federal government made a historic investment to provide electricity to almost every family and farm in the United States, benefiting millions of families and our economy. Broadband Internet is the new power. Americans need to do their job well, participate in school, health care, and keep in touch on an equal footing. However, according to one definition, more than 30 million Americans live in areas that do not provide broadband infrastructure with a minimum acceptable speed. Americans in rural areas and tribal lands especially lack adequate opportunities. And, partly because the United States has some of the highest broadband prices in the OECD countries, millions of Americans cannot use broadband Internet even if they have infrastructure in the areas where they live. There is also a clear digital divide in urban areas: the proportion of white households using household broadband Internet is much higher than that of black or Latino households. Last year it was painfully clear to explain the cost of these differences, especially for those students who have difficulty establishing connections in distance learning, which exacerbated the learning loss and social isolation of these students. The President believes that through a historic investment of $100 billion, we can provide affordable and reliable high-speed broadband to every American. The investment will:

Reinvigorate America’s power infrastructure: As the recent power outage in Texas has shown, our aging power grid urgently needs modernization. A study by the Department of Energy found that power outages cause as much as 70 billion U.S. dollars in losses to the U.S. economy each year. The President’s plan will create a more resilient power grid, reduce energy costs for the middle class in the United States, improve air quality and public health outcomes, and create good job opportunities, with the option of joining a union to achieve 100% carbon-free electricity. Up to 2035. President Biden called on Congress to invest $100 billion in:

Construct, protect and renovate more than 2 million residential and commercial buildings; modernize our country’s schools, community colleges, and early education facilities; and upgrade veterans’ hospitals and federal buildings. There is a serious shortage of affordable housing in the United States. The infrastructure is rated "D". President Biden believes that we must invest in the construction and upgrading of modern, resilient and energy-efficient homes and buildings, including our country’s schools, early education facilities, veterans’ hospitals and other federal buildings, and in the process employ American workers to engage in good Wages and benefits. President Biden’s plan will: Build, protect and renovate more than 2 million houses and commercial buildings to solve the affordable housing crisis: There is a serious shortage of affordable housing in the United States. Millions of households use more than half of their income to pay rent, and household energy costs are also an important issue for renters in the United States. Moreover, across the country, people are struggling to buy their first home. The President’s plan invests US$213 billion to produce, protect and renovate more than 2 million affordable and sustainable living places. It combines this investment with an innovative new approach to eliminate state and local exclusive zoning laws that would push up construction costs and prevent families from moving to communities that provide more opportunities for them and their children. The President’s plan will help solve the growing rental costs and create employment opportunities that pay current wages, including through project labor agreements, free and fair choice to join unions and collective bargaining. President Biden called on Congress:

Modernize our country’s schools and early education facilities: Too many students attend schools and childcare centers that are dilapidated, unsafe and pose health risks. These conditions are dangerous for our children and are disproportionately present in schools with a high percentage of low-income students and students of color. Even before COVID-19, 43% of parents reported that they had difficulty finding suitable childcare facilities for their children. President Biden called on Congress:

Upgrade VA hospitals and federal buildings: The federal government operates office buildings, courts, and other facilities in every state where millions of workers serve the public under outdated, inefficient, and sometimes unsafe working conditions service. Although the average age of private hospitals in the United States is approximately 11 years, the average age of the hospital portfolio of the Department of Veterans Affairs is 58 years. The President believes that our veterans deserve the most advanced hospitals and care. President Biden’s plan provided $18 billion for the modernization of Department of Veterans Affairs hospitals and clinics. President Biden’s plan also invests $10 billion in the modernization, sustainability, and resilience of federal buildings, including through a bipartisan federal capital revolving fund to support major purchases, construction, or renovation of federal facilities. Moreover, President Biden’s plan uses a large number of federally purchased tools to purchase low-carbon building materials and clean energy for these new Virginia hospitals and federal buildings. Consolidate the infrastructure of our care economy by creating jobs for basic family caregivers and raising wages and benefits. Even before COVID-19, our country was in a care crisis. In addition to taking care of children, families also feel the financial burden of caring for elderly relatives and disabled family members, and the disabled who live independently are also facing financial pressure to ensure that they are taken care of at home. At the same time, hundreds of thousands of people in need of better care cannot get it, even if they are eligible for Medicaid. In fact, it may take years for these people to get the services they desperately need. Elderly relatives and disabled people deserve better treatment. They deserve high-quality services and support that meet their unique needs and personal choices. Caregivers—especially women of color—have been underpaid and undervalued for too long. The salary of basic home care workers is about $12 an hour, making them the lowest-paid workers in our economy. In fact, one-sixth of the workers in this sector live in poverty. President Biden called on Congress to invest heavily in our country’s medical infrastructure. Specifically, he called on Congress to invest $400 billion to expand access to quality, affordable family or community care for elderly relatives and persons with disabilities. These investments will help hundreds of thousands of Americans finally obtain the long-term services and support they need, while creating new jobs, and providing caregivers with belated salary increases, stronger benefits, and organizing or joining unions and collective bargaining. Opportunities. Studies have shown that increasing the wages of direct caregivers can greatly enhance workers’ financial security, increase productivity, and improve the quality of care provided. Another study showed that increasing the salaries of nursing staff can prevent death, reduce the number of health violations, and reduce the cost of preventive care. President Biden’s plan will:

Investing in research and development, revitalizing manufacturing and small businesses, and training Americans for future jobs. Half of the jobs in our high-growth, high-wage industries are concentrated in 41 counties, preventing millions of Americans from becoming middle-class jobs. President Biden believes that even in the face of automation and globalization, the United States can and must retain high-paying union jobs and create more such jobs nationwide. The US manufacturing industry was the democratic arsenal of World War II. Today, it must become part of the US boom arsenal to help promote the economic recovery of working families. From the invention of semiconductors to the creation of the Internet, new engines of economic growth have emerged as a result of public investment that supports research, commercialization, and a strong supply chain. President Biden called on Congress to make wise investments in R&D, manufacturing, regional economic development, and labor development to provide our workers and companies with the tools and training they need to compete on the global stage. Specifically, President Biden called on Congress:

Invest in R&D and future technologies: Public investment in R&D lays the foundation for future breakthroughs, which over time will generate new businesses, new jobs, and more exports. However, if we want to maintain our economic advantage in today's global economy, we need more investment. We are one of the few major economies where public investment in R&D as a percentage of GDP has fallen in the past 25 years. Countries like China are investing heavily in R&D, and China’s R&D expenditure now ranks second in the world. In addition, the obstacles to employment in high-innovation fields are still very large. We must take more measures to improve access to higher-paying sectors of our economy. In order to win the 21st century economy, President Biden believes that the United States must reinvest in our national researchers, laboratories, and universities. But this time, we must commit to upgrading workers and regions that have been excluded from past investments. He called on Congress to invest $180 billion, which will:

Restructuring and revitalizing US manufacturers and small businesses: US manufacturing accounts for 70% of corporate R&D expenditures, 30% of productivity growth, and 60% of exports. Manufacturing is a key node that helps transform research and innovation into sustained economic growth. Workers on the factory floor work hand in hand with engineers and scientists to improve and maintain our competitive advantage. Although manufacturing jobs have always been the ladder leading to middle-class life, we have hollowed out our industrial centers, and high-quality jobs have been transferred to foreign countries or areas with lower wages and less protection for workers. President Biden called on Congress to invest 300 billion U.S. dollars to:

Invest in labor development: As more and more Americans rejoin the labor force or look for new opportunities in the changing economy, there is an increasing demand for skills development opportunities for all types of workers. In order to ensure that workers can acquire the skills needed to succeed at any time, and to improve racial and gender equality, President Biden called on Congress to invest $100 billion in mature workforce development programs for underserved groups and to keep our students on track. Enter a career before graduating from high school. His plan will:

Create quality jobs that pay universal wages in safe and healthy workplaces, while ensuring that workers have free and fair choices to organize, join unions, and collectively bargain with employers. As the United States strives to recover from a deadly and destructive challenge, an economic crisis , As well as the racial reconciliation that reveals huge differences, we need to convene a new wave of workers to create an economy suitable for everyone. We have to thank not only those who have worked hard throughout their lives, but also the next generation of workers, who only know that inequality in the United States has increased and opportunities have decreased. This is especially important for workers and women of color, who have endured discrimination and systematic exclusion of economic opportunities for generations. All of us should fully enjoy America’s promise-our country’s leaders have a responsibility to overcome race, gender, and other inequalities in order to achieve this goal. To this end, the President called on Congress to use their courage and wisdom to respond to the climate crisis and build sustainable infrastructure to create new, high-quality union jobs for American workers. The addition of trade unions can also affect our overall economic growth by increasing productivity. President Biden’s plan will:

In addition to the U.S. Employment Program, the President also proposed to amend the corporate tax law to incentivize job creation and investment in the U.S., prevent unfair and wasted profits from being transferred to tax havens, and ensure that a large number of companies are paying for their fairness. Share. The 2017 tax law will only make the unfair system worse. A recent independent study found that 91 Fortune 500 companies paid $0 in federal corporate tax on U.S. income in 2018. In fact, according to a recent analysis by the Joint Taxation Commission, the 2017 Taxation Act reduced the average tax rate paid by companies from 16% in 2018 to less than 8%. Some regulations in the 2017 law also created new incentives to transfer profits and jobs overseas. President Biden’s reforms will reverse this damage and fundamentally reform the way the tax law treats large companies.

President Biden's reforms will also make the United States once again a world leader and help end the competition for corporate tax rates, thereby enabling countries to gain a competitive advantage by becoming tax havens. This is a generational opportunity to fundamentally change the way countries around the world tax companies so that large companies cannot avoid or exempt the taxes they owe by transferring jobs and profits from the United States to overseas. These corporate tax changes will raise more than $2 trillion in the next 15 years, more than a one-time investment in the U.S. employment program, and then permanently reduce the deficit:

These are key steps towards fairer tax laws, encourage investment in the United States, stop transferring jobs and profits abroad, and ensure that companies pay a fair share. The President looks forward to working with Congress and will come up with more ideas in the coming weeks to reform our tax laws to reward work rather than wealth and ensure that the highest earners pay their fair share.

We will learn about the latest information about how President Biden and his administration are working for the American people, and the ways you can participate and help our country rebuild better.

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