Biden Unveils Massive Family Aid Plan Funded by Taxing Rich (1)

President Joe Biden will unveil on Wednesday a sweeping $1.8 trillion plan to expand educational opportunities and child care for families, funded in part by the largest tax increases on wealthy Americans in decades -- the centerpiece of his first address to a joint session of Congress.

Called the American Families Plan, Biden’s third major legislative proposal combines $1 trillion in spending with $800 billion in tax cuts and credits for middle- and lower-income families.

The plan would make pre-kindergarten and community college free across the country, extend the child tax credit through 2025 and make permanent an expansion of ...