With Covid relief passed, Biden prepares to stake his presidency and Democratic majorities on infrastructure
CNBC
3/10/2021
Thomas Franck
With President Joe Biden's Covid stimulus package set to become law, the White House now turns its attention to a once-in-a-generation infrastructure bill.
During the campaign, Biden pitched a $2 trillion plan that aims to achieve carbon-free power generation by 2035 and creates "millions" of union jobs.
Infrastructure is a bipartisan issue, but divisions exist between progressive Democrats and a coalition of moderates and Republicans.
"Do not think of the infrastructure bill as just roads and bridges. Democrats view an infrastructure bill as the 'infrastructure' necessary to build the economy of the future," Raymond James told clients Monday.