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The four-part, eight-year plan dedicates $620 billion for transportation, including a doubling in federal funding for public transit. It would provide $650 billion for initiatives tied to improving quality of life at home, like clean water and high-speed broadband. There’s $580 billion for strengthening American manufacturing some $180 billion of which goes to what’s billed as the biggest non-defense research and development program on record and $400 billion to address improved care for the elderly and people with disabilities.Biden’s plan would increase the corporate income tax to 28% from 21%, and set a 21% minimum tax on global corporate earnings. The White House said tax increases will be “fully paying for the investments in this plan over the next 15 years.”

New yorkUnited statesWhite houseDistrict of columbiaBrian deeseMitch mcconnellMichael puglieseNancy pelosiSenate republicanSenate majority leader chuck schumerNational economic councilWells fargo coHouse or senateGarnering republicanTrojan horseEconomic council director brian deese