LEGISLATIVE & POLITICAL
A Comprehensive Infrastructure Package Would Create Good-Paying Jobs for BAC Members
A
s this BAC Journal goes to print, the White House and Congress are continuing to negotiate a Comprehensive Infrastructure package. President Joe Biden released the American Jobs Plan that proposed an investment of $1.9 trillion over the next 10 years to meet our infrastructure needs, rebuild our economy and create good-paying union jobs. The American Jobs Plan includes: + $621 billion to repair highways, rebuild bridges, upgrade ports, airports and transit systems, including an investment of $25 billion to bring airports to 21st century standards;
+ $213 billion to build, preserve, and retrofit more than two million affordable and sustainable homes. It will help address the growing cost of rent and create jobs that pay prevailing wages, including through project labor agreements with a free and fair choice to join a union and bargain collectively;
+ $100 billion to upgrade and build new public schools, through $50 billion in direct grants and an additional $50 billion leveraged through bonds.
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