The President of the United States stressed that “it is always unprofitable to bet against Americans.”
The infrastructure plan proposed by the current American administration will allow the United States to win the world economic competition with China in the XXI century. This was stated by American President Joe Biden, speaking on Tuesday evening before the House of Representatives and the Senate of the U.S. Congress with the annual State of the Country address.
“This [infrastructure plan] will transform America and set us on the path to victory in the economic competition of the XXI century, in which we faced the rest of the world, in particular China,” he said.
“As I said [to the Chinese President] Xi Jinping, it is always unprofitable to bet against the Americans,” the head of the White House added.
According to the American president, about 104 thousand km of roads and 1,500 bridges will be repaired in the United States in 2022.
The U.S. infrastructure development plan proposed by Biden is one of the key elements of the program of the head of state. The corresponding infrastructure package, totaling more than $1 trillion, was approved by the Senate of the U.S. Congress on August 10. After that, it was submitted to the House of Representatives for consideration. The final vote was scheduled for September 30, but it has not yet taken place due to disagreements between the progressive and moderate wings within the Democratic Party. Its leaders are afraid that they will not be able to enlist the support of a sufficient number of their own party members, so they continue to negotiate and delay the final vote.