Biden to announce his $ 2.25 trillion plan tomorrow



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[Biden anunciará mañana un plan de 2,25 billones de dólares]Two people familiar with the matter said the White House is expected to announce a $ 2.25 trillion employment and infrastructure plan on Wednesday, which may become the cornerstone of US President Biden’s economic agenda. Biden’s plan will include approximately $ 650 billion to rebuild American infrastructure, such as highways, bridges, highways, and ports. The plan will also include $ 400 billion for the care of the elderly and disabled, $ 300 billion for housing infrastructure and $ 300 billion for the revitalization of American manufacturing. This also includes hundreds of billions of dollars in major investments, such as supporting the national electricity grid, the implementation of national high-speed broadband, and the transformation of the national water supply system to ensure clean drinking water. (Business herald of the 21st century)

Two people familiar with the matter said the White House is expected to announce a $ 2.25 trillion employment and infrastructure plan on Wednesday, which may become the cornerstone of President Biden’s economic agenda. Biden’s plan will include approximately $ 650 billion to rebuild US infrastructure such as roads, bridges,highwayAnd port. The plan will also include $ 400 billion for the care of the elderly and disabled, $ 300 billion for housing infrastructure and $ 300 billion for the revitalization of American manufacturing. This also includes hundreds of billions of dollars in major investments, such as supporting the national electricity grid, the implementation of national high-speed broadband, and the transformation of the national water supply system to ensure clean drinking water.

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  The Biden administration wants to invest US $ 3 trillion to rebuild US infrastructure.

Chinanews, March 30, according to the US report “World Journal”,US steelWorkers Federation President Tom Conway said US President Biden will announce a set of plans focused on promoting transportation construction on March 31 local time to rebuild America’s infrastructure. .

Conway reportedly said that Biden will announce in Pittsburgh on the 31st that the United States plans to focus on rebuilding roads, bridges, waterways and dams over the next ten years. This plan will focus on long-term solutions to give companies confidence in the direction of investment. Conway said, “You need a long-term investment. In the long term, not doing this will cost us more in the future.”

Conway said the Biden administration seeks to spend about $ 3 trillion on infrastructure-related investments, but the amount of the transportation construction plan announced on the 31st is expected to only account for half or less than half. He said the rest of the infrastructure, such as school renovations, will be announced later.

According to the report, in addition to plans to focus on infrastructure construction, White House spokesman Psaki said on the 29th that Biden will propose two “equally” important plans in a few weeks, related to healthcare and other. support for the American middle class. persons. The plan will be finalized in April. (Source: China News Network)

  Biden puts next round of $ 3 trillion economic recovery plan on agenda

Just two weeks after the signing of the new $ 1.9 trillion crown bailout bill, U.S. President Biden put the next round of the $ 3 trillion economic recovery plan on the agenda. Dollars. This larger-scale “money distribution” plan will take two steps, prioritizing solving the problem of national infrastructure reform in the United States. The first bill is reported to focus on solving infrastructure reform problems such as rebuilding roads and bridges in the United States and expanding the broadband network in rural areas. The second bill to be announced in April will involve issues such as child care measures and health care subsidies. Next, Biden will negotiate with Congress the new proposal, which is expected to last longer than the previous round of bailout bills and to become America’s top political agenda in the coming months. (Source: China Business News)

(Source: 21st Century Business Herald)

(Editor in charge: DF524)

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