1:37
Biden will also seek to work with allies to \"modernize international trade rules and associated domestic regulations regarding government procurement,\" according to the policy proposal.
Biden is also proposing an additional $300 billion in research and development spending on \"breakthrough technologies,\" like electric vehicles, lightweight materials, 5G and artificial intelligence. A portion of the proposed investment will also go directly to federal funding for research through entities like the National Institutes of Health.
The campaign did not give specific guidance on how the policy will be paid for, but said that recurring costs of the plan over 10 years would be paid in full, with a payment plan that will be rolled out with other portions of the larger policy. However, it left open the possibility of additional one-time stimulus investments that may not be covered in the proposed plan.
The campaign argues that the current economic situation calls for a \"robust jobs agenda,\" that will off-set the precipitous decrease in demand and growth caused by the COVID-19 pandemic.
![\"PHOTO:](\"http://a.abcnews.com/images/Politics/joe-biden-mask-mo_hpMain_20200709-175352_4x3t_384.jpg\")
\"Today's elevated unemployment will mean lower demand, which will mean lower growth for our economy (which relies on consumption). A robust jobs agenda will increase demand,\" the campaign argued, saying broad investments now are necessary to improve both the long and short-term health of the economy.
Biden's trip to Pennsylvania on Thursday was his fifth to the critical swing state since the COVID-19 pandemic largely brought in-person campaigning to a halt, and marked Biden's first trip near his hometown of Scranton since October 2019.
The native Pennsylvanian also made a stop at his childhood home while in town, saying he \"couldn't come to Scranton without coming by the old house.\"
In addition to the specific pillar Biden laid out, the campaign also previewed the other three pillars that together make up his plan, which includes mobilization plans across a number of different policy areas, including infrastructure, technological innovation, a \"caregiving and education workforce\" and racial equality that will be announced in the coming weeks.
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