Cecilia Rouse, Biden’s chief economic adviser, says the action plan “meets the needs of the 21st century economy”
“I think it’s important that we improve our definition of infrastructure, which meets the needs of the 21st century economy,” Rouse said in an interview with “Face the Nation” broadcast on Sunday. “And that means we need to support and encourage those structures that allow us to grow our economic activity.”
Post: Cecilia Rouse in “Face the Nation”
Mr Biden on Wednesday unveiled the first phase of his two-phase infrastructure package, donating $ 621 billion to rebuild national roads and highways, repair more than 10,000 bridges, and upgrade major airports. The package includes $ 200 billion of affordable housing, $ 18 billion to rehabilitate old age hospitals and $ 111 billion to ensure schools have access to clean, water-free water. The president’s proposal also requires $ 25 billion to upgrade child care facilities and provide funding to encourage private businesses to build their own care centers, while increasing the delivery of child care facilities to areas of greatest need.
Rouse said Mr Biden’s infrastructure plan, called the American Jobs Plan, recognizes “that care is an integral part of our infrastructure if workers are to be able to return to work.”
“The idea is to provide incentives for day care centers that will be built in their absence, and for employers to create their own childcare programs to make it easier for their employees to leave their children, know that their children are well cared for while working outside the home and do the kind of work they get to do it, “he said.
To pay for his $ 2 trillion plan, Mr Biden wants an increase in the company’s tax rate from 21% to 28% and an increase in the minimum land tax paid from 13% to 21%. But business groups have warned that raising corporate taxes would put the United States at risk of competition and damage the nation’s ability to lead treatment in the epidemic.
But Rouse, chairman of the Economic Advisory Council, disagreed and said that Mr Biden believed companies should pay their fair share.
“They are all using the roads and bridges and public property that will be built by this investment,” he said. “And they should be paying their fair share of taxes so we can do that.”
Mr Biden on Friday said an independent analysis showed that his plan could create 19 million jobs, with Rouse saying some would come from traditional infrastructure, while others would come from research and development.
“Scientists and engineers will be thinking of new things that will make sure our economy, you know, is smarter and makes solutions to the big problems we have to solve if we are to tackle climate change and prepare, you know, to continue thriving as we move forward,” he said.
The second part of Mr. Biden’s program, which focuses on so-called “human infrastructure,” is expected to be unveiled next month and may include plans to provide free public college to other Americans and to expand kindergarten classes.
While the president is putting pressure on its infrastructure, lawmakers in many provinces, namely Georgia and Texas, have advanced laws that critics criticize could make it difficult to vote. In response to a law passed in Georgia late last month, several companies have criticized the move, with Major League Baseball removing the 2021 All-Star Game and the framework from Atlanta, a move Mr Biden said he would “strongly support.”
Rouse said it was too early to judge the economic impact of the MLB dragging its event in Georgia but acknowledged that “it will undoubtedly be costly.”
“However Major League Baseball will cancel its game and staff elsewhere will benefit. You know, that’s exactly the message Major League Baseball was trying to send,” he said. “The President opposes these laws. He believes they are obligatory, discriminatory. These companies have the opportunity to vote on their own two feet and use their economic power to express their dissatisfaction.”