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.