In the context of rising competition between China and the United States, Washington has introduced a massive infrastructure plan: the American Jobs Plan. As the 100-day milestone approaches for the Biden administration, the goal is to update and strengthen American infrastructure, create new jobs, boost growth, and enhance overall competitiveness. Sustainable infrastructure investments are also a core aspect of the plan in ensuring greenhouse gas emissions targets —recently announced by the Biden administration at the Climate Summit— will be met. Moreover, the plan will also have a global impact since new investments in innovative research sectors —such as semiconductors— will reinforce the role of the US as a global technology leader.
Where are planned infrastructure investments heading to? How will the plan boost US investments towards a sustainable and green economy? How will national inequalities be addressed —and what impact will the American Jobs Plan have on taxation?