"We'll use taxpayers' dollars to rebuild America".
In doing so, it would expand the role of the government in the US economy to levels not seen in decades.
The president's plan envisions, over a span of eight years, repairing 32,000 kilometers of roadways, 10 economically significant bridges and 10,000 smaller ones, getting rid of risky lead pipes in water systems and significantly upgrading the country's electrical grid, computer broadband and transit systems.
"No one - let me say it again, no one - making under $400,000 will see their federal taxes go up, period", he said.
The plan includes some US$620 billion in transport, with Biden targeting a hike in the corporate tax rate to finance the spending.
The cost would be partly covered by raising corporate tax from 21 percent to 28 percent.
FILE - A worker welds on the Ninth Street bridge under reconstruction in Pittsburgh, Pennsylvania, May 6, 2020.
"I'm going to bring Republicans into the Oval Office, listen to them, what they have to say and be open to other ideas", Biden said.
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"He knows how to reach to the other side and make good things happen", she said of the president.
Senate Republican leader Mitch McConnell called the plan a "Trojan horse" for the extreme left, with higher taxes and support for unions.
That includes raising federal fuel taxes one more time and transitioning to a tax on the number of miles traveled, as well as expanding federal lending and bonding programs as a way to encourage more investment by the private sector and state and local entities, he said.The chamber will also be seeking to recalibrate how the money is spent in the bill to focus more spending on roads, bridges and transit systems and less on items such as new electric-vehicle charging stations and other assets for the future, Mortimer said."Today is the beginning of this debate, and we look forward to working with the administration and bipartisan members of Congress to get a bill that has desperately been needed enacted into law this year", he said.
Biden's efforts may also be complicated by demands from a handful of Democratic lawmakers who say they can not support the bill unless it addresses the $10,000 cap on individuals' state and local tax deductions put in place under Trump and a Republican-led Congress. "Policymakers should avoid creating new barriers to job creation and economic growth, particularly during the recovery".
In a statement, the organization's executive vice president and chief policy officer, Neil Bradley, said, "We strongly oppose the general tax increases proposed by the administration, which will slow the economic recovery and make the USA less competitive globally - the exact opposite of the goals of the infrastructure plan".
FILE - Work proceeds on an Interstate Highway 75 project in Hazel Park, Michigan., April 20, 2020.
Mr. Biden's speech fired the starting gun on what is expected to be a bitter battle in Congress, where the Democrats hold only a narrow majority and will face strong opposition from Republicans, who have denounced the plan as excessive government spending.
For some progressive and environmental groups, the Biden package is insufficient.
Another $111 billion would go to replace lead water pipes and upgrade sewers.
What does the plan do for manufacturing and research and development? The Fact Sheet for the plan includes six references to China - one of these in reference to the size of the Chinese EV market, which is two-thirds larger than the domestic USA market. But he failed to deliver on his promises once he got into the White House.