Columns
THE PUBLIC EYE: Biden’s Big Infrastructure Win
On March 31st, President Joe Biden introduced his infrastructure plan, "The American Jobs Plan" (https://www.whitehouse.gov/
The bipartisan infrastructure plan polls well. The Hill (https://thehill.com/opinion/
The infrastructure bill will eventually wend its way into law. Let's look at what's in it:
1.Transportation Projects: (Original plan $621 Billion; bipartisan plan approximately $500 Billion) In essence the compromise plan kept the traditional infrastructure projects, including: $110 Billion for roads and bridges; $66 Billion for passenger and freight rail lines; $39 Billion for "public transit," that is, upgrades of buses and rail cars; $25 Billion for airport modernization; $17 Billion for port upgrades; $15 Billion for electric vehicles, including $7.5 Billion for EV charging stations and $7.5 Billion for electric school buses. Etcetera.
2. "Quality of Life at Home": (Original plan $650 Billion; bipartisan plan approximately $400 billion) In essence this is the original Biden proposal less an allocation of $213B to "build, preserve, and retrofit more than 2 million affordable homes and commercial buildings." It focuses on modernizing the electric grid, $65 Billion. It also includes providing broadband internet access to rural and low-income communities. In addition there is $55 Billion to upgrade America's water system -- with a focus on bad pipes. (There is also $8 Billion to build a new western water infrastructure,) It also includes $47 Billion for "Resilience," funds for cybersecurity and climate change mitigation. There's $21 Billion for Remediation; that is, "funds to clean up brownfield and superfund sites, abandoned mines, and old oil and gas wells that need to be plugged." There's also $11 Billion for highway safety. Etcetera.
3. Caregivers for elderly and disabled. (Original plan $400 Billion; bipartisan plan $0) Biden's original plan would have expanded Medicaid to provide affordable, quality care for everyone who needs it.
4. Research, Development, and Manufacturing: (Original plan $480 Billion; bipartisan plan approximately $100 billion.)
Jobs: The good news is that the bipartisan infrastructure bill will create jobs: "Mark Zandi, chief economist at Moody’s Analytics, estimates growth of about 660,000 jobs could result by 2025."
The bad news is that the funding is sketchy: "The spending is partially paid for with unused covid-19 relief dollars, unused federal unemployment aid, sales of spectrum and oil from the Strategic Petroleum Reserve, increased fees for some superfund sites and customs, and delaying a Medicare expense for a year. Some money would also come from tighter enforcement to ensure cryptocurrency investors pay taxes once they sell and realize their gains." Many progressives feel that the appropriate way to pay for infrastructure improvements is to increase taxes for millionaires and corporations. Unfortunately, Republicans in general, and some Democrats, won't support this.
Playing the bipartisanship card: President Biden lauded the bipartisan plan: "Democracy requires compromise. The historic Bipartisan Infrastructure Framework will make life better for millions of Americans, create a generation of good-paying union jobs and economic growth, and position the United States to win the 21st century, including on many of the key technologies needed to combat the climate crisis."
Clearly, Biden relishes the idea of Congress passing a significant bipartisan piece of legislation. Writing in a June 28th editorial (https://news.yahoo.com/biden-
Nonetheless, Biden hasn't given up on the other components of his original infrastructure proposal. In his editorial, Biden noted: "I will continue working with Congress to pass the remainder of my economic and clean energy agenda. We have an urgent need to invest in housing, clean energy deployment and the care economy. And we need to make equally critical investments in our human infrastructure: in childcare and paid leave, universal pre-K and free community college, and tax cuts for working families with children. They are inextricably intertwined with physical infrastructure."
Next Steps: On August 11, the Senate narrowly approved Biden's $3.5 trillion framework for improving health care, family services, and environmental programs. In These Times noted (https://inthesetimes.com/
Now the action moves to the House of Representatives which will return early from recess -- on August 23rd: "to vote on the fiscal blueprint, which contemplates disbursing the $3.5 trillion over the next decade. Final congressional approval, which seems certain, would protect a subsequent bill actually enacting the outline's detailed spending and tax changes from a Republican filibuster in the 50-50 Senate, delays that would otherwise kill it." (https://www.npr.org/2021/08/
BB prediction: The bipartisan infrastructure plan will pass this summer. The remainder of Biden "Jobs Plan" will pass in the fourth quarter by means of reconciliation.
Bob Burnett is a Bay Area writer and activist. He can be reached at bburnett@sonic.net