>>> FRESH OFF THE PASSAGE LAST
MONTH OF NEARLY $2 TRILLION
WORTH OF COVID RELIEF, THE BIDEN
ADMINISTRATION THIS WEEK
ANNOUNCED AN EVEN BIGGER PLAN.
THE ROWPROPOSED LEGISLATION WOU
SPEND MORE THAN $2 MILLION TO
MODERNIZE THE INFRASTRUCTURE AND
DO MUCH MORE.
THE PRESIDENT CALLS THE PLAN A
ONCE IN A GENERATION INVESTMENT
IN AMERICA.
REPUBLICANS SAY IT'S TOO
EXPENSIVE.
VAUGHN HILLYARD DIGS INTO THE
DETAILS.
>> Reporter: A PROMISE DECADES
UNFULFILLED.
>> WE WILL BUILD BACK BETTER.
>> Reporter: AN ACKNOWLEDGEMENT
OF WHAT'S APPARENT TO
NEIGHBORHOODS ACROSS THE
COUNTRY.
AGING, LEAKING WATER PIPES,
UNSTABLE DAMS AND TUNNELS.
MORE THAN 40% OF PUBLIC ROADWAYS
IN POOR OR MEDIOCRE CONDITION.
MORE THAN HALF OF PUBLIC SCHOOLS
IN NEED OF RENOVATIONS.
NEARLY HALF OF THE COUNTRY WITH
NO ACCESS TO PUBLIC TRANSIT.
THIS WEEK, PRESIDENT BIDEN
LAYING OUT A $2 TRILLION
PROPOSAL TO REBUILD AMERICA.
>> IT'S BIG, YES.
IT'S BOLD, YES.
AND WE CAN GET IT DONE.
>> Reporter: HIS PLAN, $100
BILLION TO MODERNIZE THE POWER
GRID AND AVOID BLACKOUTS, LIKE
THIS WINTER IN TEXAS.
$100 BILLION TO EXPAND BROADBAND
ACCESS TO ALL AMERICANS.
ANOTHER $100 BILLION TO UPGRADE
AND BUILD NEW PUBLIC SCHOOLS.
THEN THERE'S $621 BILLION FOR
TRANSPORTATION INFRASTRUCTURE.
THAT MONEY FOR BRIDGES LIKE THIS
ONE HERE IN WEST VIRGINIA, ONE
OF MORE THAN 45,000 DESIGNATED
AS STRUCTURALLY DEFICIENT AND IN
POOR CONDITION BY THE FEDERAL
GOVERNMENT.
PROBLEMS SO BIG, LOCAL AND STATE
GOVERNMENTS JUST CAN'T AFFORD TO
FIX THEM.
>> WE'RE IN THE WATER.
WE'RE NOT JUST DROWNING.
WE JUST DON'T NEED PRESIDENT
BIDEN TO PASS US A LIFE RAFT.
WE NEED A SUBMARINE.
>> Reporter: THE PLAN LOOKING
BEYOND REPAIRS AND UPGRADES TO
THE FUTURE.
WITH AMBITIOUS GREEN
INITIATIVES.
TACKLE CLIMATE CHANGE, INCLUDING
TAX CREDITS TO MAKE IT EASIER
FOR AMERICANS TO BUY
AMERICAN-MADE ELECTRIC VEHICLES
AND FUNDING FOR 500,000 NEW
CHARGING STATIONS.
THE PACKAGE ALSO AN INVESTMENT
IN THE CREATION OF JOBS.
IN MANUFACTURING ALONE, MORE
THAN 500,000 AMERICANS EMPLOYED
BEFORE THIS PANDEMIC HAVE STILL
NOT RETURNED TO WORK.
THE PRESIDENT HOPES TO HELP PAY
FOR THE SWEEPING PLAN WITH A 28%
CORPORATE TAX RATE, AN INCREASE
REPUBLICAN LEADERSHIP PUSHED
BACK ON.
>> I THINK THAT PACKAGE THAT
THEY ARE PUTTING TOGETHER NOW,
AS MUCH ASINFRASTRUCTURE, IS NO
GOING TO GET SUPPORT FROM OUR
SIDE.
>> AS I LOOK --
>> Reporter: AT THE HEIGHT OF
THE GREAT DEPRESSION, PRESIDENT
ROOSEVELT'S NEW DEAL, SIGNING
OFF ON NEW GOVERNMENT PROGRAMS
AND PUBLIC WORK PROJECTS,
AMERICA HAS NOT INVESTED IN A
MASS INFRASTRUCTURE EFFORT LIKE
THIS IN NEARLY A CENTURY.
NOW AFTER CAMPAIGNING IN 2020 ON
UNITY, BIDEN'S ADMINISTRATION
PLEADING WITH REPUBLICANS TO
NEGOTIATE THIS DEAL.
>> WE ARE PROBABLY THE THIRD
ADMINISTRATION IN A ROW TO
ARRIVE WITH THE AMERICAN PEOPLE
EXPECTING BIG THINGS ON
INFRASTRUCTURE.
I THINK THIS TIME WE CAN GET IT
DONE.
>> VAUGHN JOINS ME LIVE.
GOOD MORNING.
AS YOU POINT OUT, MANY
REPUBLICANS AGREE THE COUNTRY'S
INFRASTRUCTURE DOES NEED
ATTENTION.
THEY OPPOSE THE PLAN ALMOST
ACROSS THE BOARD.
WHAT ARE THEIR SPECIFIC
OBJECTIONS HERE?
>> GOOD MORNING.
THAT'S RIGHT, PROGRESSIVE
DEMOCRATS SAY THIS PLAN DOESN'T
GO FAR ENOUGH.
THEY ARE CALLING FOR TRILLIONS
MORE IN INVESTMENTS.
REPUBLICANS, NOT A SINGLE ONE
HAS STEPPED FORWARD TO OFFER
THEIR SUPPORT YET.
THE PARTY'S SENATE LEADER MITCH
McCONNELL CALLING THIS A TROJAN
HORSE FOR DEMOCRATIC TAX HIKES.
BIDEN DOES PROPOSE AN INCREASE
IN THE CORPORATE TAX RATE TO
HELP PAY FOR THIS PLAN.
THE ATTENTION WILL LARGELY FOCUS
IN ON DEMOCRATS, WITH NARROW
MAJORITIES IN THE HOUSE AND
SENATE, THEY COULD PASS THIS IF
EVERY DEMOCRATIC MEMBER GETS ON
BOARD.
THEY COULD PASS THIS WITHOUT ANY
REPUBLICAN SUPPORT, MUCH LIKE
THEY DID THIS LAST ONE ON THE
COVID RELIEF PACKAGE.
WHAT JOE BIDEN DOES NOT WANT ON
THIS PLAN OR IN THE YEARS TO
COME IS STALEMATES.
NANCY PELOSI INTENDS TO HAVE
THIS PASSED BY JULY 4th.
>> COULD BE ANOTHER PART LINE
VOTE.
SEEMS TO B