Biden plans to connect every American to broadband in new infrastructure package
President Biden plans to announce a sweeping infrastructure plan Wednesday that includes $100 billion to connect every American to high-speed broadband internet over the next eight years.
Biden is scheduled to unveil his $2 trillion “American Jobs Plan” in Pittsburgh later on Wednesday. The long-awaited infrastructure and jobs package contains funding for broadband expansion, semiconductor manufacturing, and slew of other interests like public transportation and helping consumers purchase electric vehicles. On a call with reporters Tuesday, an administration official said that the package would be paid for by changes to the corporate tax rate.