News
Biden WH Preparing $3 Trillion Spending Package to Tackle Climate Change, Infrastructure, Provide “Free” Community College and Reduce Inequality
Last week it was reported that Joe Biden was planning to propose the first major federal tax hike since 1993 to fund a plan to tackle climate change, infrastructure and other Socialist pet projects.
The increases are expected on corporate tax and individual rate for “high-income” earners, according to Bloomberg.
Biden originally promised people earning $400,000 a year would not be affected by tax increases, however, he broke that promise too.
Biden’s tax plan could hit people earning $200,000 a year because Psaki said Biden’s $400,000 threshold for tax increases applies to families, not individuals.
The economic package, according to the New York Times and WaPo, will reportedly cost $3 trillion dollars – this is on top of the $1.9 trillion Covid relief bill Biden just signed into law.
Via The New York Times:
The spending proposals, which may be offered in separate legislative pieces, include:
Construction of roads, bridges, rail lines a ports
Plans for clean energy, 5G connectivity and affordable energy-efficient housing
Programs meant to increase women’s participation in the work force
Free community college, universal pre-K education and national paid leave
The Washington Post reported:
That effort is expected to be broken into two parts — one focused on infrastructure, and the other focused on other domestic priorities, such as universal prekindergarten, national child care, and free community college tuition. The infrastructure component of the proposal includes $400 billion in spending to combat climate change, including $60 billion for infrastructure related to green transit and $46 billion for climate-related research and development. The plan also would aim to make electric vehicle charging stations available across the country. The measure would also include $200 billion for housing infrastructure, including $100 billion to expand the supply of housing for low-income Americans.
President Biden’s advisers are preparing to propose up to $3 trillion in spending on efforts to boost the economy, improve infrastructure, minimize carbon emissions and reduce inequality — paid for, in part, by tax increases on corporations and the rich. https://t.co/6rnPrluUzM pic.twitter.com/OATHj48VZb
— The New York Times (@nytimes) March 22, 2021
-
China vs US5 years agoDr. Leana Wen – Medical CNN Propagandist – Has A History With the CCP & Eugenics Programs
-
Politics4 years agoBiden Economic Advisor Brian Deese: The Only Viable Path to Energy Independence is to Reduce Fossil Fuel Use to “Zero” (VIDEO)
-
Coronavirus5 years agoLaboratories in US can’t find Covid-19 in one of 1,500 positive tests
-
Coronavirus5 years agoCDC Finally Withdraws Criminally Fraudulent COVID-19 PCR Test
-
Coronavirus5 years agoFormer Pfizer VP: ‘Your government is lying to you in a way that could lead to your death’
-
Coronavirus4 years agoCourt Orders FDA To Comply With FOIA and Release Information On Pfizer Vaccine – First Batch of Documents Shows Over 1,200 Vaccine Deaths WITHIN FIRST 90 DAYS
-
Bombshell Interview4 years agoThe Covid Vaccine Gives You Aids – Dr. Ariana Love
-
Banned Videos5 years agoFormer Pfizer VP & CSO Dr. Michael Yeadon Blows the Whistle on the Covid 19 Vaccine: “The elites aren’t taking this vaccine”
-
Orwellian Nightmare5 years agoImmunologists Say the MRNA Vaccine is a ‘Big Mistake’ as New Data Show Accumulation in Reproductive Organs
-
Corruption5 years agoBiden Administration Urges Supreme Court to Uphold Warrantless Gun Confiscations
-
NWO Documents4 years agoDark Winter
-
Election Theft5 years agoJudge Orders Election Do-Over after 78% of Mail-in Ballots Proved Fraudulent — Notary Arrested
You must be logged in to post a comment Login