In May, the Administration released details for the proposed American Jobs Plan. It would be a massive investment in a range of national priorities including transportation, climate change, caregiving, and housing.
The Biden administration has proposed offsetting the spending in the $2.6 trillion package through changes to the corporate tax code, including an increase in the corporate tax rate.
The proposed spending in the American Jobs Plan covers a 10-year window and is broken down in the following ways.

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Further Reading
Republicans Considering Costly Tax Cut Proposals
Leaders in Congress and the Administration have outlined a broad package of tax cuts that could total $9.1 trillion.
Why Do Budget Baselines Matter?
Applying the current-policy baseline would not only be fiscally irresponsible in terms of this year’s tax debate, but it would set a dangerous precedent for the future.
Social Security Reform: Options to Raise Revenues
Here are the pros and cons for three approaches to increasing funds dedicated to Social Security.