Biden to call for $4 trillion in new spending during joint address to Congress
(Worthy News) – President Joe Biden is expected to call for $4 trillion in new federal spending during his joint address to Congress on Wednesday evening.
Biden’s forthcoming $1.8 trillion American Families Plan is the follow-up to his $2.25 trillion American Jobs Plan, which is focused on infrastructure improvements, universal broadband and creating new union jobs.
After Biden’s call for “unity” in his inaugural address, Democrats appear ready to use budget reconciliation again to move elements of the president’s latest plans through Congress without GOP votes. [ Source: Just the News (Read More…) ]
In His First Hundred Days, Biden Calls for $6.2 Trillion in Taxpayer Spending
The Biden White House on Wednesday released a 15-page “fact sheet” on the American Families Plan, which President Biden plans to discuss in his first speech to a COVID-limited, joint session of Congress tonight.
The American Families Plan ($1.8 trillion) follows Biden’s American Jobs Plan ($2.5 trillion) and his American Rescue Plan ($1.9 trillion, already passed) — the three of which, combined, would total an estimated $6.2 trillion.
But according to the White House fact sheet, “It is not enough to restore where we were prior to the pandemic. We need to build a stronger economy that does not leave anyone behind.” [ Source: CNS News (Read More…) ]