From PCCC (Bold Progressives) <[email protected]>
Subject Biden's plan: Tax the rich. Invest in clean energy. SIGN ON.
Date March 31, 2021 10:35 PM
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Moments ago in Pittsburgh, President Biden detailed his American Jobs Plan
-- $2.25 trillion to create millions of clean energy and infrastructure
jobs, paid for by taxing corporations and the rich.

As an infrastructure plan, it's a home run. Just a few years ago Bernie's
$1 trillion plan was the gold standard.

As a climate plan, it's a significant down payment -- and more is needed
to meet the urgency of the moment. Biden has another multi-trillion dollar
plan around the corner.

Mitch McConnell and other Republicans have already begun their attacks on
this American Jobs Plan, and they oppose any taxes on the rich.

[ [link removed] ]SIGN ON: "Democrats, stand strong on taxing the rich and investing
trillions of dollars in clean-energy and infrastructure jobs. If anything,
go bigger -- don't let Mitch McConnell water down urgent priorities." Sign
now.

USA Today reports, "Before Biden even offered specifics of his aims to fix
the nation's roads, bridges and railways, Republicans he'll need to work
with in Congress panned it."

The Hill adds "Republicans are shifting their line of attack on President
Biden’s economic plans. After warning that Biden’s $1.9 trillion rescue
plan would overheat the economy and lead to rampant inflation, many GOP
lawmakers are now arguing that the recovery is too fragile to withstand
any tax increases."

But here are some key points from The New York Times analysis of the plan:

"The spending in the plan would end decades of stagnation in federal
investment in research and infrastructure -- and would return government
investment in those areas, as a share of the economy, to its highest
levels since the 1960s."

"Many of the items in the plan carry price tags that would have filled
entire, ambitious bills in past administrations."

"Mr. Biden’s pledge to tackle climate change is embedded throughout the
plan...plans to retrofit and weatherize millions of buildings would make
them more energy efficient."

"The plan proposes spending $174 billion to encourage the manufacture and
purchase of electric vehicles...would fund the construction of about a
half-million electric vehicle charging stations...$100 billion in programs
to update and modernize the electric grid...a federal mandate requiring
that a certain percentage of electricity in the United States be generated
by zero-carbon energy sources...$46 billion for government agencies to buy
fleets of electric vehicles...$16 billion program intended to help fossil
fuel workers transition to new work...$10 billion for a new 'Civilian
Climate Corps'...and would eliminate tax preferences for fossil fuel
producers."

"Among them: a total of $180 billion for research and development, $115
billion for roads and bridges, $85 billion for public transit, and $80
billion for Amtrak and freight rail. There is $42 billion for ports and
airports, $100 billion for broadband and $111 billion for water
infrastructure -- including $45 billion to ensure no child ever is forced
to drink water from a lead pipe, which can slow children’s development and
lead to behavioral and other problems."

"The plan seeks to repair 10,000 smaller bridges across the country, along
with the 10 most economically significant ones in need of a fix. It would
electrify 20 percent of the nation’s fleet of yellow school buses. It
would spend $300 billion to promote advanced manufacturing, including a
four-year plan to restock the country’s Strategic National Stockpile of
pharmaceuticals, including vaccines, in preparation for future pandemics."

And there is even more beyond that.

Taken together, this plan will create millions of good-paying jobs, making
massive investments in clean energy, and make huge steps toward addressing
racial inequities.

[ [link removed] ]SIGN ON: "Democrats, stand strong on taxing the rich and investing
trillions of dollars in clean-energy and infrastructure jobs. If anything,
go bigger -- don't let Mitch McConnell water down urgent priorities." Sign
now.

Thanks for being a bold progressive.

-- The PCCC Team ([ [link removed] ]@BoldProgressive)

 

 

 


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