BGOV OnPoint: Biden Unveils Economic Framework

Oct. 28, 2021, 7:47 PM UTC

President Joe Biden announced a framework for his “Build Back Better” package of tax and spending changes, after weeks of intraparty negotiations among Democrats.

The $1.75 trillion plan includes many proposals approved by House committees to bolster working families with children, promote clean energy and related supply chains, expand health-care coverage, and reduce housing costs.

Several other aspects of Democrats’ previous plans — including paid family leave, expansion of Medicare to cover dental and vision, higher corporate income tax rates, and a clean energy standard for utilities — have been dropped. Democrats are trying to advance the plan using the ...

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