The proposed American Jobs Plan aims to significantly increase government spending on infrastructure projects in the US. The spending would take place in the next eight years and be offset by an increase in corporate tax revenues. The overall budget could reach USD 2 trillion. Much of this budget would support measures that support climate change mitigation. Such as:
USD 175 billion investments in electric vehicle infrastructure
USD 85 billion in public transport
USD 80 billion in passenger and freight railways
USD 100 billion in clean energy and electric grid
USD 35 billion on climate-related technology innovation (as part of a half a trillion innovation package)