Buttigieg releases $80B plan to 'unleash' rural America's potential

Buttigieg releases $80B plan to 'unleash' rural America's potential
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Democratic presidential contender Pete ButtigiegPeter (Pete) Paul ButtigiegCastro hits fundraising threshold for December debate On The Money: Congress races to beat deadline on shutdown | Trump asks Supreme Court to shield financial records from House Democrats | House passes bill to explicitly ban insider trading NYT editorial board calls on Buttigieg to disclose details of work at consulting firm MORE unveiled a wide-ranging plan Tuesday to invest in rural communities, saying his strategy aims to "unleash" the potential of rural America. 

The plan looks to revamp rural economies by investing in high-speed internet, creating new jobs and combating climate change. 

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Buttigieg's campaign said the plan's Internet for All initiative would cost $80 billion to bring high-speed broadband internet to areas lacking the capability. 

The strategy would create "Regional Innovation Clusters," which would cost up to $500 million in federal funds to grow rural businesses and develop a new generation of entrepreneurs. 

The South Bend, Ind., mayor also emphasized education, pledging to alleviate the teacher shortage in rural areas and increase the number of rural adults with a bachelor's degree. 

Buttigieg's plan also would invest roughly $50 billion over 10 years to help farmers combat climate change. The plan would support agriculture and invest in research and development aimed at tackling climate change through soil and carbon sequestration. 

Buttigieg's policy rollout comes as 2020 Democratic hopefuls seek to make inroads among rural voters who overwhelmingly voted for President TrumpDonald John TrumpTrumps light 97th annual National Christmas Tree Trump to hold campaign rally in Michigan 'Don't mess with Mama': Pelosi's daughter tweets support following press conference comments MORE in 2016. 

Sens. Elizabeth Warren (D-Mass.) and Amy KlobucharAmy Jean KlobucharCastro hits fundraising threshold for December debate Klobuchar lauds power of free press in post about her father The Hill's 12:30 Report: Pelosi says House will move forward with impeachment MORE (D-Minn.) rolled out their own plans last week to inject new investments into rural America last week.