‘Once in a generation investment’: Biden proposes new infrastructure plan in Pittsburgh

Every step of the way': McConnell pledges battle over Biden infrastructure plan

"Economy can be reversed; infrastructure plan needed to build back better for good". "And we'll be discussing that today, among other things", Biden said of the meeting. "It means the first two months of our administration has seen more new jobs created than in the first two months in any administration in history", Biden said in his address to the nation.

They are hoping the model could be replicated with the infrastructure plan, but every Democrat would again have to vote together, including some moderates who could express reservations about an eventual bill.

He further stressed that Congress "should act" on his plan and insisted that the tax rises required for it will not slow down the American economy, as critics of his proposals claim.

Biden's comments came after the group "Business Roundtable" recently condemned the tax hikes for infrastructure, saying it will reduce their opportunities to grow, slow the creation of new jobs and drag on GDP growth. "We saw the economy gain traction in March, as the American Rescue Plan moved and got passed, bringing new hope to our country". This plan focused on creating vaccination distribution sites, supporting families by distributing $1,400 stimulus checks and lowering health insurance premiums.

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Regulators said they had received no reports of such clotting events after the use of the Pfizer/BioNTech vaccine. When the EMA declared the vaccine "safe and effective", they resumed its use while investigations continued.

It will be paid for by hiking taxes on big corporations to a higher rate than what former President Donald Trump signed off on in his 2017 tax package. Biden also said he wants to establish a 21% "global minimum tax" for American corporations, to "level the worldwide playing field" and generate another $1 trillion within the next 15 years.

According to Biden, 91 Fortune 500 companies, such as Amazon, Starbucks and JetBlue Airways, did not pay a "single, solitary penny" in federal income taxes.

Vowing to fight Biden's proposal "every step of the way", the Kentucky Republican went on to lament that "but for one seat in Georgia, I would be setting the agenda", referring to Democratic runoff victories in January that wrenched control of the Senate from the GOP.

"If the Republicans decide that we need it but they're not going to pay for it, it's just going to increase the deficit", Biden said. "We've got a little bit more time here to work and have discussions with members of both parties".

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