President Biden rolls out Job Plan for New Yorkers
The United States President Joe Biden has rolled out a plan for New Yorkers.
This was disclosed in a White House press release tagged American Job Plan.
The president noted that for years, the infrastructure in New York “has suffered from a systemic lack of investment”.
Biden therefore stated the need for an urgent action to save the situation.
“New York’s infrastructure received a C- grade on its Infrastructure Report Card. The American Jobs Plan will make a historic investment in our nation’s infrastructure,” the president said.
While listing the job plan, the statement says that there is need to repair roads and bridges to ease vehicular movements across the NYC.
“In New York there are 1,702 bridges and over 7,292 miles of highway in poor condition. Since 2011, commute times have increased by 7.4% in New York and on average, each driver pays $625 per year in costs due to driving on roads in need of repair.
The American Jobs Plan will devote more than $600 billion to transform our nations’ transportation infrastructure and make it more resilient, including $115 billion repairing roads and bridges,” the statement reads.
The statement estimates that the AJP will need expends not less $85 billion modernize public transit.
It explains that “New Yorkers who take public transportation spend an extra 58.9% of their time commuting and non-White households are 2.5 times more likely to commute via public transportation. 11% of trains and other transit vehicles in the state are past useful life.”
The president further noted in the statement that about $50 billion will be spent to improve the resiliency of infrastructure and support communities’ recovery from disaster.
“From 2010 to 2020, New York has experienced 31 extreme weather events, costing the state up to $100 billion in damages,” Biden said in the statement.
Also on the plan is revitalization of American manufacturers, including providing incentives for manufacturers to invest in innovative energy projects.
The statement adds, “In New York, an average low-income family spends 6-8% of their income on home energy costs forcing tough choices between paying energy bills and buying food, medicine or other essentials.
“The American Jobs Plan will upgrade low-income homes to make them more energy efficient through a historic investment in the Weatherization Assistance Program, a new Clean Energy and Sustainability Accelerator to finance building improvements, and expanded tax credits to support home energy upgrades”
The AJP also promises to invest in creating more good paying union jobs advancing clean energy production by extending and expanding tax credits for clean energy generation, carbon capture and sequestration and clean energy manufacturing.
It will also provide the following: clean, safe drinking water; affordable housing system; high-speed, and affordable Internet coverage.
Others include provision of healthcare for thousands of older adults and people with disabilities; modernization of schools and construction of new ones in neighborhoods across New York and the country.
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