The American President Joe Biden has announced during a visit in the U.S. state of Pennsylvania once again a massive investment program.
Overall, he wants to put in the next eight years, around two trillion US dollars (1.7 billion euros) in the country's infrastructure and create millions of jobs."Want to be the strongest economy in the world"
"It is an investment for America, which occurs only once per Generation - not equal to what we Railways since the construction of the system of the car and the race to space decades ago have experienced," said Biden on Wednesday afternoon (local time) in the city of Pittsburgh.
This high level of expenditure is equivalent to approximately 10 percent of the annual economic output of the United States. Biden: "This is going to create the strongest, most resistant and the most innovative economy in the world."
race against China
With the investment package, the President wants to score, especially in a race with China. The infrastructure of the country bröckele and threatening national security. The Congress had to decide on the package. "Simply put: This is an investment that we make - we can't afford not to do it," said Biden more.
Even if a majority of Americans supports a high level of investment, the adoption of the Plan is uncertain. In the Senate, he will probably be dependent on the approval of about ten Republicans.against the wind for Biden's Plan
Mitch McConnell, the Republican minority leader in the Senate, rejected Biden's Plan immediately. The new Administration is moving in the wrong direction. The planned expenditure is also high, said McConnell.
Also from the left edge of his own party receives US President against the wind. The democratic Congresswoman Alexandria Ocasio-Cortez, wrote on Twitter that the expenditure would have to be much higher.
Until the beginning of March, the Democrats had a 1.9-trillion-Dollar stimulus package in Congress, to the consequences of the Corona fight the crisis.
US-vaccination campaign continues to travel on Deutsche Welle US-vaccination campaign continues ondpa Updated Date: 01 April 2021, 14:26