Major Biden Administration Infrastructure And Jobs Plan Released

On Wednesday, March 31, the Biden administration released its American Jobs Plan (AJP), a detailed blueprint to spend more than $2 trillion over eight years for a wide range of infrastructure-related initiatives, including both "core" or "traditional" infrastructure programs as well as "non-core" and social welfare proposals.¹ The administration has signaled that the AJP is the first of two large legislative packages it intends to introduce over the coming weeks, with the second to focus on other issues such as health and education.²

The AJP covers a broad and ambitious set of spending initiatives, and several themes are emphasized throughout the plan. Most prominently, there is a clean and renewable energy focus underlying several of the proposals aimed at the mitigation of and adaptation to climate change and a stated goal of reaching 100 percent carbon-pollution-free power by 2035. Also emphasized in the AJP are programs to assist disadvantaged communities,