Ocasio-Cortez plans $ 10T over 10 years for infrastructure



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representative Alexandria Ocasio-CortezAlexandria Ocasio-CortezThe Hill’s Morning Report – GOP Throws On Biden’s Infrastructure Plan Biden Risks First Major Fight With Progressives On The Money: Breaking Biden’s Infrastructure Plan | Biden eyes corporate tax hike, households left alone (DN.Y.) late Wednesday called President BidenJoe Biden The Hill’s Morning Report – GOP pounces on Biden’s infrastructure plan Biden administration unveils network of community leaders to urge COVID-19 vaccinations Pompeo “ regrets ” not doing more than progress with North Korea MOREThe $ 2.25 trillion infrastructure package is “encouraging,” but said the United States may need $ 10 trillion over 10 years to invest in infrastructure and boost jobs and other priorities Across the country.

“The vision that President Biden and the administration have laid out … has surprised many of us in a positive way and in the details and thought that are here, the scope of it, is truly encouraging,” he said. Ocasio-Cortez told MSNBC. Rachel Maddow.

However, the progressive MP added that she had “serious concerns that this is not enough”, calling on officials to “go much higher”.

Ocasio-Cortez said the United States could “realistically” need $ 10 trillion over 10 years to “create tens of millions of good union jobs in this country that can strengthen our health care, our infrastructure, our housing and do it in a certain way. that reduces our carbon emissions. “

“I know this can be a startling figure for some people, but we have to understand that we are in a devastating economic time. Millions of people in the United States are unemployed. We have a truly crippled health care system and a planetary crisis in our hands, and we are the richest nation in the history of the world. So we can make $ 10,000 billion, ”she told Maddow.

The New York lawmaker pointed out that Biden’s plan provides $ 40 billion in funding for public housing across the country, noting that New York’s public housing system alone would need that amount to ensure that houses comply with housing codes to provide heating, hot water and more. essential utilities.

“So for us to actually invest in national public housing infrastructure, we need to do a lot more so that we can deliver on that price promise,” she said.

Biden earlier on Wednesday outlined his plan to make what he called aggressive investments in repairing U.S. infrastructure and tackling climate change. The plan includes funding for transport infrastructure, modern infrastructure like broadband and modernization of buildings, etc.

The plan will cost $ 2.25 trillion over an eight-year period. The White House proposes to pay for the initiative by raising the corporate tax rate to 28%.



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