Biden introduces 'big, bold' infrastructure plan

President Joe Biden wants $2.3 trillion to reengineer America's infrastructure and expects the nation's corporations to pay for it. "It's big, yes, it's bold, yes, and we can get it done," the president said in Pittsburgh on Wednesday. (March 31)

Video Transcript

JOE BIDEN: Two years ago, I began my campaign here in Pittsburgh, saying I was running to rebuild the backbone of America. And today, I return as your president to lay out the vision of how I believe we do that, rebuild the backbone of America. We all will do better when we all do well.

It's time to build our economy from the bottom up and from the middle out, not the top down. That hasn't worked very well. For the economy overall, it hasn't worked because Wall Street didn't build this country. You, the great middle class, built this country. And unions built the middle class.

And it's time at this time that we rebuild the middle class. We're gonna bring everybody along. Regardless of your background, your color, your religion, [? no matter, ?] everybody gets to come along. It builds a fairer economy that gives everybody a chance to succeed. And it's gonna create the strongest, most resilient, innovative economy in the world.

It's not a plan that tinkers around the edges. It's a once-in-a-generation investment in America, unlike anything we've seen or done since we built the interstate highway system and the space race decades ago. In fact, it's the largest American jobs investment since World War II.

It'll create millions of jobs, good-paying jobs that will grow the economy, make us more competitive around the world, promote our national security interest, and put us in a position to win the global competition with China in the upcoming years. It's big, yes. It's bold, yes. And we can get it done.