President Joe Biden’s White House team is drafting a massive $3 trillion infrastructure spending deal, according to reports, but most of the spending will be directed toward social welfare programs.
The New York Times previewed the spending plan on Tuesday, reporting despite the president’s interest in infrastructure, it would also focus on reducing carbon emissions, addressing economic inequality, and promoting equity.
Only $1 trillion of the proposal would be spent on actual infrastructure priorities, according to the report, such as roads, bridges, rail lines, ports, electric grid improvements, and charging stations for electric cars.
Other priorities include investments in wind and solar power, 5G telecommunications, rural broadband, and worker training. The proposal also includes the development of one million “affordable and energy-efficient” housing units.