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[Report] SENEWS-2021-04-01

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[Report] SENEWS-2021-04-01

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American President John Byden announced on Wednesday, a 2 trillion dollars spending plan that is in his words,
a once in a transpotation investments in America. Byden said it is the largest American job investment since World
War 2. He added it will create millions of jobs grow the economy and help the country compete against China.
The plan is Byden's the first of Byden's two proposals called the American Job Plan and the American Family Plan.
He promised to release the second plan in a few weeks. The Byden's administration said in a statement that the
American Job Plan provides money to improve the country's roads and bridges, and to build charging stations for
electrical vehicles. Other projects including housing for the poor esp of high-speed internet  service and money for
researching and manufacturing. The administration said that the plan would be paid for by raising by US tax rate
from 21 to 28 percent. A establish on minimum tax on coperate earnings and ending tax breaks for fossil fuel company
and others. The Byden administration said the largest amount of money 621 billion dollars would go to transpotation
projects. These include fixing 3,200 kilometres of highways, repairing 10,000  bridges and building 500,000charging
stations. The plan is desired to push the nation's automobile industry to build more electrical vehicles. The plan includes
400 billion dollars to expand home-based care for older people and the disabled. One of the largest investments
includes 230 billion dollars to help build housing for the poor. Another 111 billion dollars will go to new water and
assure systems for home.  High-speed internet, clear energy for electrical systems and public schools will each received
100 billion dollars investments. The plan will also invest over than 500 billion dollars to help manufacturing in the
country, return workers and support research and development. Byden announced the plan in an appearance in
, the same city in which he lauched his presidential compaign. The city once famous for its steel factories was
central to the rise of the American industrial power. As steel manufaturing disappeared  over time  reinvented itself
as a center of help care, technology and  academic research. The new spending proposal came just twenty days after
Byden signed into law  a 1.9 trillion dollars spending plan to help Americans affected by the  virus health crisis. Now
makers in the president's Demoncratic Party have expressed support for the plan. Republic Party law makers have
criticized that. White House presecretary said that the plan is about making an investment in America, not just  
modernizing our roads, or railways, or bridges, but building a infrastructure of the future.  the leader of republicans
said that he is not likely to support the spending proposal.  He said the plan will resulting more borrowed money and
massive taxing crisis on all productive parts of our economy. told reporters that Byden spoke to him about the spending
plan in a car on Tuesday. The business round table is an organization of American business leaders. It supports or it
causes user pay models for infrastructure building, and the US chamber of campus  a business interest group called
Byden's plan dangerously misguided in how it express to pay for infrastructure improvement. At the same time, some
members of Byden's own dymancratic party think the infrastructure spending plan should be bigger. Representative,
of New York called the plan not nearly enough in a twitter post. She wroted that the cost for spending 2.25 trillion
dollars over ten years, as compare to the virus spending plan of 1.9 trillion dollors for this year alone.  The plan means
to be way bigger.
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