Author:Alicia Parlapiano and JimnTankersley   

President Biden on Wednesday released his $2 trillion plan to shore up the nation’s infrastructure and create jobs. The sprawling proposal would be paid for with 15 years of higher taxes on corporations. Here’s how the spending breaks down:


Among the proposals: Modernize 20,000 miles of highways and roads; repair 10,000 bridges; and, by 2030, build a network of 500,000 electric vehicle chargers.

The goal: To revitalize the aging or crumbling corridors that get American people and products from place to place, while reducing the sector’s reliance on fossil fuels that drive climate change.

Estimated cost in billions
Electric vehicle incentives
Roads and bridges
Public transit
Passenger and freight railways
Disaster resilience
Improve road safety
Underserved communities
Waterways and ports

Buildings and Utilities

One of the largest investments includes more than $200 billion in tax credits and grants to improve and build affordable housing.

The goal: To make homes and commercial buildings more energy efficient; reduce the lead hazards of old water pipes; bridge the urban-rural digital divide; and modernize the electrical grid for greater reliability and wider deployment of low-carbon electricity.

Estimated cost in billions
Affordable housing
High-speed broadband
Electric grid and clean energy
Public schools
Water systems
Eliminate lead pipes
Child care facilities
Veterans hospitals
Community colleges
Federal buildings

Jobs and Innovation

The plan goes beyond physical infrastructure, proposing more than $500 billion to invest in the manufacturing sector, worker training and research and development.

The goal: The president has said that he wants to position America to compete against China and other rivals in the race to build and dominate industries of the future, like semiconductors and advanced batteries.

Estimated cost in billions
Domestic manufacturing
National Science Foundation
Supply chain support
Semiconductor industry
Work force development
Clean energy manufacturing
Research infrastructure
New dislocated worker program
Climate technology
Small-business support
Research and development
Pandemic preparedness
Research at H.B.C.U.s
Community investment
Innovation and competitiveness
Underserved communities
New rural partnership program

In-Home Care

The plan also includes $400 billion to expand access to caregiving for those who are older and those with disabilities, and to improve pay and benefits for caregivers.

The goal: Broadens the traditional definition of “infrastructure” to include the provision of in-home care. From an economic standpoint, administration officials say, it is as much about the workers providing that care as it is about the patients. The money would help those workers, disproportionately women of color and low-paid, to earn more.