President Biden’s American Jobs Plan: A Bold Mandate for Infrastructure Investment | Akin Gump Strauss Hauer & Feld LLP

[co-authors: Lauren Dailey and Christina Barone]

On March 31, 2021, President Joe Biden unveiled the American Jobs Plan (the “Plan”), an eight-year, $2 trillion investment to modernize and improve U.S. infrastructure, generate jobs and economic growth, and promote American national security interests. The proposed framework is a key step towards President Biden’s goal of enacting his Build Back Better plan, including investments to modernize highways and railways, upgrade ports, expand electric vehicle (EV) infrastructure, upgrade water and energy infrastructure and expand broadband access. Alongside the American Jobs Plan, President Biden also proposed the Made in America Tax Plan, including revenue-raising

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