President Biden unveiled a $2 trillion jobs and infrastructure plan Wednesday to address some of the country’s most pressing problems, including damaged bridges, unequal broadband access, climate change and care for people with disabilities and the elderly.
The proposal seeks to replace 50,000 diesel transit vehicles and electrify at least 20 percent of the country’s yellow school bus fleet.
Biden’s proposal would invest $213 billion to build and retrofit more than 2 million homes. The plan would build and rehabilitate more than 500,000 homes for low- and middle-income home buyers and invest $40 billion to improve public housing.
Biden’s proposal aims to deliver universal broadband, including to more than 35 percent of rural Americans who lack access to high-speed Internet.
The plan would invest $111 billion for clean drinking water, $45 billion of which would be used to replace the country’s lead pipes and service lines. The effort would reduce lead exposure in 400,000 schools and child-care facilities and improve the safety of drinking water.
The proposal calls for $100 billion to upgrade and build new public schools. It also would invest $12 billion in community college infrastructure and $25 billion to upgrade child-care…
he plan expands access to home- or community-based care for seniors and people with disabilities. It would extend a Medicaid program, Money Follows the Person, to move elderly residents out of nursing homes and back into their own homes or into the care of loved ones.
Biden also calls for improving working conditions, including higher wages and more benefits, for caretakers, who are disproportionately women of color and who have largely stayed on the job during the coronavirus pandemic.
Research and development, manufacturing and training: $580 billion

Biden’s proposal would invest $180 billion in research and development. That includes a major clean-energy push to reduce emissions, build climate resilience and boost climate-focused research.
Tax overhaul

The White House plan calls for about $2 trillion in new spending over eight years. The proposed tax increases would cover that cost over 15 years and become permanent.
The plan raises the corporate tax rate from 21 percent to 28 percent.
It also increases the global minimum tax paid from about 13 percent to 21 percent.
The proposal ends federal tax breaks for fossil fuel companies.
It also ramps up tax enforcement against corporations and prevents U.S. corporations from claiming tax havens as their residence.
Responding to climate change

Much of Biden’s spending package focuses on green infrastructure and job creation. For example, the White House says automakers could hire workers to make batteries and parts for electric vehicles, shoring up their own supply chains. #ClimateAction
Consumers would also get tax incentives to buy American-made electric vehicles.
The White House says that 40 percent of the benefits of its climate and clean-infrastructure investments would go to disadvantaged communities.#ClimateAction
The Biden administration argues that retrofitting homes and public infrastructure will reduce the billions of dollars in damage caused by climate disasters. The plan calls for $50 billion to improve resilience to climate change, including by protecting electric grids,
food systems, urban infrastructure and hospitals in communities most vulnerable to flooding and other severe weather events
The infrastructure overhaul would also cover protection from wildfires, sea-level rise, hurricanes and droughts and shore up dam safety.#ClimateAction
The plan would put $35 billion toward clean-energy technology, new methods for reducing emissions and other broad-based climate research.#ClimateAction
The plan would establish an Energy Efficiency and Clean Electricity Standard that would set specific targets to cut how much coal- and gas-fired electricity power companies use over time.#ClimateAction

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More from @MesMitch

2 Apr
The largest beneficiary of government assistance has been Marathon Petroleum, which has got $2.1bn in tax benefits.

However, in the year to December 2020, the Ohio-based refining company laid off 1,920 workers, or around 9% of its workforce.
Phillips 66, Vistra Corp, National Oilwell Varco and Valero were the next largest beneficiaries of the tax-code changes, with all of them also laying off workers in the past year.
In the case of National Oilwell Varco, a Houston-headquartered drilling supply company, 22% of the workforce was fired, despite federal government tax assistance amounting to $591m.
Read 8 tweets
1 Apr
Currently, those under the cap pay about 6.2% with their employer matching. Make $2.5 million? You'll only pay about 1/3 of 1 percent on your earnings. And, come on, if the cap were lifted, those top earners would not suffer since their ability to pay is substantial.
One justification for lifting the cap is fairness. It would remedy the difference between actual cost and proportional cost. A toll road (or economy) is of greater and greater benefit to you the more you earn from it. @POTUS
So you should pay the value of it to you, and one measure of that value is the income you earn from it.

The contribution to the country? It would keep benefits stable, or better,index the to the actual cost of living. And it would fund SS indefinitely. @POTUS @VP @SpeakerPelosi
Read 4 tweets
1 Apr
Turkish environmentalists say Canadian firm lying about legality of its operations in Kaz Mountains #ClimateAction…
A Turkish environmental group defending the western Kaz Mountains has said that the Canadian gold mining company was lying about the legality of its operations in the area, and that it was in fact no longer allowed to be there. #ClimateAction
The authoritarian AKP-MHP government is ideal for them. People get fined, are taken into custody and criminalized because they want to protect their environment. #ClimateAction #Canada…
Read 6 tweets
30 Mar
Arsa İBB tarafından yıllardır park olarak kullanılıyor. İlana göre, Mahmut Bedrettin Vakfı’ndan icareliymiş. Dava sonunda mülkiyet aynı vakfa geçecek büyük ihtimalle.
Ortada yasadışı durum yok; biraz tarayınca son yıllarda benzer pek çok gaiplik davası ve mülhak vakıflar adına mülk tescilini içeren ilanlara rastlanıyor.
Read 16 tweets
30 Mar
Dimitriyades’e ait arsa iki önemli projenin ortasında yer alıyor. Bir yanında Doğuş Grubu’nun inşa ettiği meşhur Galataport, diğer ucunda kıyı boyunca 650 metre uzanan Kabataş projesi var. Nasıl bir yer olduğuna şu fotoğraf ve haritadan bakalı…
Beyoğlu, Istanbul is one of the places where we will find a magnificent harmony of neoliberal and neo-Ottoman destruction. Naturally, it is necessary to trace the capital.
Galataport dışında milyar dolarlık 5 proje devam ediyor. Çalık Holding’in Tarlabaşı’ndaki Taksim 360 projesi en eskisi. Diğerleri Polat Holding’in yürüttüğü Piyalepaşa dönüşümü, Ege Yapı’nın Haliç kıyısındaki 14 bin metrekare alanı kapsayan kompleksi, Polimeks
Read 5 tweets
30 Mar
Jackson, often mentioned as someone who could become the first Black woman on the Supreme Court, is among Biden’s 11 nominations that include three Black women for appeals court vacancies and the first Muslim American to serve on a District Court
“This trailblazing slate of nominees draws from the very best and brightest minds of the American legal profession,” Biden said in a statement. “Each is deeply qualified and prepared to deliver justice faithfully under our Constitution and impartially to the American people
Candace Jackson-Akiwumi, a former longtime federal public defender and current litigator in Washington for the Chicago-based 7th Circuit; and Tiffany Cunningham, an intellectual-property lawyer in Chicago, for a spot on the Federal Circuit in Washington
Read 14 tweets

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