VIDEO: Biden announces $2 trillion dollar infrastructure plan

Speaking in Pittsburgh earlier today, President Joe Biden unveiled a plan to invest in the country’s infrastructure.

The proposal includes around $2 trillion dollars in spending over eight years and would raise the corporate tax rate to 28% to fund it.

“It’s not a plan that tinkers around the edges…it’s a once-in-a-generation investment in America…it’s the largest American jobs investment since World War II….It’s big, yes. It’s bold, yes. And we can get it done,” Biden said.

Included in the plan:

– $621 billion to rebuild roads, bridges, and rail systems
– $300 billion for manufacturing
– $213 billion for affordable housing
– $380 billion for R&D, modernizing the electric grid, and high-speed broadband

Senate Minority Leader Mitch McConnell signaled opposition to the plan saying he would not support “massive tax increases.”