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The economic argument for infrastructure: Yahoo News Explains

On Wednesday, President Biden officially announced the first part of a long-previewed infrastructure package dubbed the “American Jobs Plan.” The $2 trillion proposal would make significant investments in traditional physical infrastructure, such as roads, bridges and utilities, as well as largely unprecedented funding for many healthcare services and research and development efforts. Professor Laura D. Tyson of the Haas School of Business at the University of California, Berkeley explains how these types of policies can contribute to economic growth.