Biden Unveils $775 Billion Plan to Expand Child and Elderly Care

Biden Unveils $775 Billion Plan to Expand Child and Elderly Care
Democratic presidential candidate Joe Biden speaks in Wilmington, Del., on June 30, 2020. Brendan Smialowski/AFP via Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:

Presumptive Democratic nominee Joe Biden has launched a sweeping $775 billion plan Tuesday to bolster America’s caregiving economy by expanding care for children, the elderly, and the disabled while vowing to create 5 million new jobs.

Biden’s 10-page plan outlines a series of proposals that, all told, will cost $775 billion over 10 years and will be paid for by increasing tax compliance for high-income earners and by reversing tax breaks for real estate investors who make over $400,000 per year.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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