President Biden recently unveiled a $2.7 trillion infrastructure bill called the American Jobs Act — a piece of legislation he branded as a “once in a generation investment in America.”
In addition to $621 billion in spending on roads and bridges, the American Jobs Act allocates $213 billion towards schools and housing, $400 billion into healthcare, and $180 billion into research and development. Reflecting the broader goals of the Biden administration, the legislation is sprinkled with provisions specifically addressing the “climate crisis” and “persistent racial injustice.”
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