/ 08 November 2021

Biden’s in the money


It’s taken more time than US President Joe Biden wanted, but the House of Representatives yesterday passed a US$1.2 trillion infrastructure bill. That’s $1.6 trillion Aussie dollars, which is equal to about 10 months of our nation’s total economic output… Calling it a “blue-collar blueprint to rebuilding America”, the money is earmarked for COVID-recovery initiatives to create jobs, improve broadband connections, water supplies and other public works. It’s been a bitter fight within Biden’s Democratic party to get it done, and it’s not over yet…Part 2 is an even larger US$1.85 trillion package of spending on health, family and climate change programs – that will go to the vote at the end of the month. Biden’s popularity has faded in recent times, and his supporters hope that the plan – which is the largest federal investment in America’s infrastructure for decades – gives the party a boost. Meanwhile, Republicans have enjoyed watching their political foes struggle to unite behind their president. 

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