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Ag industry welcomes Biden's infrastructure plan

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$2 trillion American Jobs Plan looks to invest in rural bridges, improve waterways and expand rural broadband access.
President Joe Biden proposed on Wednesday his next major initiative – the American Jobs Plan – which would invest $2 trillion, about 1% of GDP per year over eight years, to upgrade the nation’s infrastructure, revitalize manufacturing, invest in basic research and science and shore up supply chains. He pays for the investments by increasing the corporate tax rate to 28% but promised not to raise taxes on those who make less than $400,000.
“It is clear in the American Jobs Plan that USDA is central to the President’s strategy to build a strong economy for working people, restore the safety and integrity of our nation’s infrastructure from broadband to water to power and electricity, and to renew America’s leadership in science, research and development to give us the tools to make and ....

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Bumpy road ahead on infrastructure bill

Inclusion of outside priorities such as climate change and tax reform could derail chances of bipartisanship. ....

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