Biden Announces $1.8 Trillion Spending Plan, Tax Increase on Wealthy

Biden Announces $1.8 Trillion Spending Plan, Tax Increase on Wealthy
President Joe Biden speaks at the White House in Washington on April 20, 2021. Tom Brenner/Reuters
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President Joe Biden on Wednesday announced another progressive piece of legislation, his $1.8 trillion American Family Plan, which will expand access to community college and preschool, as well as child care and healthcare for families, funded mainly by tax increases on wealthy Americans.

Biden’s new plan is his third major legislative package. It will combine $1 trillion in spending with $800 billion in tax cuts and credits for middle- and lower-income families.

Masooma Haq
Masooma Haq
Author
Masooma Haq began reporting for The Epoch Times from Pakistan in 2008. She currently covers a variety of topics including U.S. government, culture, and entertainment.
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