May 6, 2021
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3:29Now PlayingThe U.S. funds infrastructure differently than a lot of other countries, relying more on state and local spending. Here's why it's faring so poorly. RELATED
President Joe Biden introduced a sweeping $2 trillion infrastructure and jobs package that looks to reshape the American economy and make the most significant domestic U.S. investments in generations.
His far-reaching American Jobs Plan includes spending to repair aging roads and bridges, jump-start transit projects and rebuild school buildings and hospitals. It would also expand electric vehicles, replace all lead pipes and overhaul the nation’s water systems.
But the plan goes far beyond infrastructure.
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