Build Back Better Plan

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The Build Back Better Plan is a projected $7 trillion COVID-19 relief, future economic, and infrastructure package proposed by President Joe Biden. It will include investments in infrastructure, and is projected to create 10 million clean-energy jobs. Expenditures would also include government funds on housing, education, economic fairness and health care.[1]

The plan is divided into three parts: the American Rescue Plan, a COVID-19 relief package, which passed in March 2021;[2] the American Jobs Plan, a proposal to rebuild America’s infrastructure and create jobs;[3] and the American Families Plan, a proposal to invest in areas related to childcare and education.[4] As of August 1, 2021, the American Rescue Plan is the only plan that has been signed into law, though proposals featured in the American Jobs Plan has been passed in the Senate through the Infrastructure Investment and Jobs Act.

Vision[]

Shortly before the inauguration of Joe Biden as the 46th president of the United States, Biden laid out the following goals for his "Build Back Better" agenda:[5]

  1. "Build a Modern Infrastructure"
  2. "Position the U.S. Auto Industry to Win the 21st Century with technology invented in America"
  3. "Achieve a Carbon Pollution-Free Power Sector by 2035"
  4. "Make Dramatic Investments in Energy Efficiency in Buildings, including Completing 4 Million Retrofits and Building 1.5 Million New Affordable Homes"
  5. "Pursue a Historic Investment in Clean Energy Innovation"
  6. "Advance Sustainable Agriculture and Conservation"
  7. "Secure Environmental Justice and Equitable Economy Opportunity"

History[]

The American Rescue Plan, a $1.9 trillion COVID-19 relief package, passed in March 2021 using the procedure of reconciliation.[2]

The American Jobs Plan is currently being discussed, with a $1.2 trillion bipartisan 'physical instructure' plan coming to a Senate vote to kick off debate on July 21.[6][7] Separately, a $3.5 trillion reconciliation bill is being prepared, which is set to include measures related to climate change, family aid, and expansions to Medicare.[8]

See also[]

References[]

  1. ^ Sigalos, MacKenzie (2020-11-10). "Biden's economic recovery plan, called Build Back Better, would spend over $7.3 trillion and invest in green infrastructure, health care and more". CNBC. Retrieved 2021-02-17.
  2. ^ Jump up to: a b Yarmuth, John A. (2021-03-11). "H.R.1319 - 117th Congress (2021-2022): American Rescue Plan Act of 2021". Congress.gov. Retrieved 2021-04-29.
  3. ^ "FACT SHEET: The American Jobs Plan". The White House. 2021-03-31. Retrieved 2021-04-29.
  4. ^ "Fact Sheet: The American Families Plan". The White House. 2021-04-28. Retrieved 2021-04-29.
  5. ^ "Biden Plan for Economic Recovery Includes Infrastructure". For Construction Pros. 2021-01-15. Retrieved 2021-02-17.
  6. ^ Garrison, Joey; King, Ledyard (2021-06-24). "'We have a deal': Biden reaches $1.2 trillion infrastructure compromise with bipartisan group of senators". USA Today. Retrieved 2021-06-24.
  7. ^ Kapur, Sahil; Thorp V, Frank; Caldwell, Leigh Ann (July 19, 2021). "Schumer sets Wednesday vote to begin Senate debate on infrastructure deal". NBC News. Retrieved 2021-07-20.
  8. ^ Emma, Caitlin; Scholtes, Jennifer (2021-07-14). "Democrats unveil $3.5T go-it-alone plan to fulfill Biden's agenda". Politico. Retrieved 2021-07-14.

External links[]

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