Klobuchar lays out 'bold, trillion-dollar' infrastructure plan

The plan, rolled out in an early morning Medium post, says its aim is to "rebuild America's infrastructure, invest in our future, and create millions of good-paying American jobs." It calls for major federal investments in seven areas, including transportation, broadband connection, public schools and clean energy.

According to the post, the Democratic presidential candidate's proposed plan would largely be paid for through a "series of corporate tax reforms," including an increase in the corporate tax rate to 25%, the closing of loopholes "that encourage U.S. companies to move jobs and operations overseas" and the establishment of "a financial risk fee" on the nation's largest banks.

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The seven-point proposal places a tight focus on the country's transportation system, which Klobuchar says she plans to turn into a "world-class" system that will better serve low-income communities and communities of color. It calls for the repairing and replacing of roads, highways and bridges, as well as an expansion of public transportation and the creation of high-speed rail systems.

The plan also aims to connect every American household to the internet by 2022, with Klobuchar writing that access to broadband "creates jobs, opens new economic opportunities, and allows America to compete and succeed in an increasingly digital world."

The proposal also says as president, Klobuchar will address the nation's "crumbling and unsafe schools" by "(updating) the physical and digital infrastructure needs of our schools, and (establishing) an ongoing role for the federal government to invest in school infrastructure."

The trillion-dollar plan also places an emphasis on climate change and the country's reliance on fossil fuels, with Klobuchar calling for "sweeping legislation" that, among other things, "invests in green infrastructure, modernizes our aging energy infrastructure" and invests in "renewable energy development."

Klobuchar's proposal will likely be weighed against the Green New Deal, another trillion-dollar plan that aims to tackle issues related to the US' role in global climate change. Several 2020 Democratic presidential candidates have voiced support for the environmental proposal, including California Sen. Kamala Harris and Massachusetts Sen. Elizabeth Warren.

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