March 31, 2021
Biden’s infrastructure plan includes billions to develop emerging tech the military needs
Journalist Andrew Eversden
President Joe Biden’s infrastructure plan released Wednesday calls for $180 billion in new research and development spending on emerging technologies expected to define the coming decades and drive military innovation.
The American Jobs Plan, which would total $2 trillion in new spending over a decade through corporate tax increases, addresses concerns that a lack of federal investment in research and development risks the U.S. seceding the position of the world’s top technological innovator to China. Leading the world in technology is “critical to both our future economic competitiveness and our national security,” Biden’s plan stated.
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