Biden Defends His $6 Trillion Spending Proposals
President Joe Biden proposed a host of new hefty spending bills, all
with hefty price tags. The three main packages, the already-passed
American Rescue Plan, the American Jobs Plan, and the American Families
Plan all together total $6 trillion
in taxpayer-funded spending. The American Jobs Plan is the Biden
administration's proposed infrastructure package, that has minimal to do
with building real infrastructure, that also includes a corporate tax
hike. The American Families Plan takes aim at child care and paid family
leave. Both plans include tax increases on Americans.
The president is having difficulty selling this high
spending number even to some Democrats, but he said that the packages
will aid in coronavirus recovery.
“That’s why it’s recovering,” Biden said of heavy spending bills. “We’re investing."
The president also dismissed concerns about the stature of
the spending packages, and argued that only the federal government can
build real infrastructure. Read more here.