Highlighting the care of some of the younger and older Americans, former Vice President Joe Biden proposes to provide a universal preschool for 3- and 4-year-olds, build new child care facilities, and expand access to a wider audience. variety of long-term care options for seniors.
The Democratic presidential candidate’s alleged campaign says the plan, unveiled Tuesday morning, would cost $ 775 billion in 10 years. They say it would be paid by reducing tax exemptions for real estate investors with incomes above $ 400,000 and taking steps to increase tax compliance for high-income workers.
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“Biden’s plan limits the ability of wealthy real estate investors to take advantage of unproductive tax breaks to evade their tax obligations,” a senior campaign official told reporters.
The campaign says the plan would put 3 million Americans to work in new care and education jobs. They predict that if enacted, it would increase overall employment by approximately 5 million after accounting for the economic impacts of increased participation in the workforce after unpaid caregivers are released to pursue paid careers.
Biden’s campaign says the former vice president, if elected, will immediately provide state, tribal, and local governments with tax relief to keep working employees and vital public services running, including direct care and child care services.
“The pandemic has exposed how difficult it is for people in this country to find access to the quality care they need for themselves, or to juggle the responsibilities of working and caring for family members. The coronavirus has especially hit people in nursing homes, throwing a bright light on the fact that many would prefer to be in a home or community setting, “said a senior campaign official.
The official also emphasized that “many parents are struggling to find child care while doing their essential jobs, or are 24-hour caregivers, 7 days a week, trying to keep their children safe and learning while working remotely. . Other parents take care of their children, while worrying about how they are going to make ends meet after their hours are cut or their jobs are lost. ”
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The proposal is the third part of a larger economic recovery plan called “Build Back Better” that Biden has implemented in recent weeks. He also asked to spend $ 700 billion on American products as part of an economic nationalism plan, and a clean energy plan to remove all carbon pollution from power plants in 15 years.
The program aims to stimulate an economy flattened by the coronavirus pandemic and restore jobs lost since the outbreak swept the nation, while creating more.
Biden is expected to highlight the plan during a speech Tuesday afternoon in New Castle, Delaware, near his home in neighboring Wilmington.
The proposal calls for an allocation of $ 450 billion to give more people the option of receiving care at home or in community support situations, remove the current waiting list for home and community services under Medicaid, establish a fund to help expand institutional alternatives to homes and communities. care, add 150,000 community health care workers to the workforce and create a Public Health Job Corps.
The plan highlights Biden’s previous calls to provide high-quality, free pre-kindergarten access for all 3- and 4-year-olds and offer low-income and middle-class families a tax credit of up to $ 8,000 to help to pay for child care. It would also ensure that families with school-age children have greater access to care after school, on weekends, and in the summer. And it aims to provide access to affordable, high-quality child care on a sliding scale for low-income and middle-class families who would prefer this option over the toddler tax credit.
