USD 2 trillion 'American Jobs Plan' as ambitious as space race, says US President Biden
India TodayPresident Joe Biden on Wednesday called for a sweeping use of government power to reshape the world's largest economy and counter China's rise in a $2 trillion-plus proposal that was met with swift Republican resistance. The president's "American Jobs Plan" would put corporate America on the hook for the tab as the government creates millions of jobs building infrastructure, such as roads, tackles climate change and boosts human services like care for the elderly. "It's a once-in-a-generation investment in America, unlike anything we've seen or done since we built the interstate highway system and the space race decades ago," Biden said in unveiling the program in Pittsburgh. Republican Senator Mitch McConnell said the proposal was "another Trojan horse for far-left demands" one day after Biden called to brief the minority leader on the proposal. Neil Bradley, chief policy officer at the nation's largest trade group, the US Chamber of Commerce, said while the organization shares Biden's sense of urgency on infrastructure, his plan is "dangerously misguided."