Anonymous

“ The average U.S. multinational pays a tax rate of 8 percent. And that law aggravated incentives that were already embedded in our tax code to encourage production and profits to move overseas.
So the reform — that corporate tax reform that the President is proposing would reset that to incentivize job creation in the United States and actually stop the race to the bottom of profit-shifting to tax havens by setting the corporate rate at 28 percent, which I would note is a rate that is lower than at any point in our country’s history since World War Two, other than the years since 2017. ”

“ Today, 400,000 schools and childcare centers are serviced by lead pipes, even as our health experts say that there is no safe amount of lead in drinking water. This is a national project which is urgent; it’s economically efficient and will create jobs. And it would help improve health and the health of our families.
Right now, you know, we’ve seen in this crisis families who lack access to Internet, lack access to the modern economy. Internet is the electricity of the 21st century. ”

“ This plan would achieve the goal of universal access to affordable broadband in this decade. We’ve seen in stark terms the impact that our ailing and aging electric power system applies to our economy and to our families, costing families billions of dollars every year. ”

“ The first is transportation infrastructure: how we move. This is investments in our roads, bridges, rails, and other elements. This is a place where the urgency and need for action has been clearly identified again and again in Washington, and we now have an opportunity to really do something about it.
The fact that we are ranked 13th in the world in infrastructure has real, tangible economic costs every day. Those delays cost our economy and they cost families. ”

“ This plan would do a generational investment in upgrading and reorienting our power infrastructure in this country for the carbon-free electric future that we are — we’re headed toward, investing in transmission, in storage, in grid resilience. And it would invest in building, renovating, and retrofitting more than 2 million homes and housing units, which would put people to work in construction jobs all over the country and also address the issue of housing, access to housing, and people being able to move to jobs and afford housing as well. ”

“ Across all of these infrastructure investments, there will be a focus on making our infrastructure of the future more resilient to climate change and meeting the President’s commitment to target 40 percent of the benefits of these clean infrastructure investments to disadvantaged communities.
A second big category is how we live at home. This is modern broad — modern infrastructure about water, Internet, our homes themselves, and the electricity that we rely on. ”

“ With respect to water, the President is setting both a bold but a very practical goal, which is every American should have access to clean water, which requires replacing all lead service lines and pipes in America. ”

“ The third category of this plan is investing in the care infrastructure of the country by reducing the backlog — the waitlist for the hundreds of thousands of families who seek care for their family member or — who is elderly or a person with disabilities, and by doing so, expand jobs in the homecare workforce. ”

“ So I think that we’ll get through tomorrow, and we’ll focus on engaging with our congressional counterparts.But our hope is that the issues — I mean, the elements of this plan are — elements of this investment package are places where we have seen a lot of enthusiasm in the past to make progress. They’re issues that are — that have broad support among the American people. ”

“ I would note that the average VA hospital is 56 years old. There is a backlog of high- efficiency projects that would help increase the health security of our veterans, put people back to work, and achieve an important national project. ”

“ And these are high-value investments, the investments that experts across the board have identified as contributing to addressing deficiencies, improving economic efficiency. And we think that these are investments that, as a country, we cannot afford not to make. At the same time, the President feels that the right and responsible thing is to identify how we could pay for these investments across time. ”

“ And, you know, that’s — there are — when you’re doing big — you know, big bridge projects, for example, even in a streamlined way, those are not projects that you immediately get going over the course of a month or two or three. ”

“ This plan would make a historic investment in our transportation infrastructure: modernize 20,000 miles of roads, focus on economically significant bridges and also bridges around the country, double federal funding for public transit. ”

“ And he’s going to — he’s going to make the case that he wants to — he wants to understand if people have other ideas, they have other ideas of how to pay for it, they have other ideas of how to structure these. ”