President Biden is pushing Congress to pass a $2.3 trillion infrastructure bill that aims to revive and modernize the U.S. economy after the COVID-19 pandemic and help the country reckon with racial inequities and climate change. He wants to pay for his expansive proposal by raising taxes on corporations and clamping down on companies that stash assets abroad to minimize or avoid U.S. taxes. Republicans oppose the tax increases, the size of Biden's spending plan and the fact that much of it addresses problems outside of the traditional parameters of infrastructure: roads, bridges, mass transit and water and sewer systems. Several Republican lawmakers have proposed a smaller package emphasizing conventional infrastructure spending. Regardless of how the current debate evolves, the country will continue to face ...

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles