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Original Title: Biden’s First Presidential Press Conference: Next Week Announces Infrastructure Plans to Increase Investment in Technology
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In the early morning hours of March 26 Beijing time, US President Biden held the first presidential press conference since taking office. It lasted approximately 62 minutes and answered 10 questions. They talked about epidemic prevention and control, infrastructure bills, immigration crisis, etc. ., which are of interest to the capital market Issues, especially infrastructure, but no tax increases are mentioned at the moment.
Announce the infrastructure bill next week
Biden said the next big initiative is rebuilding infrastructure, which will beMore details on the Build Back Better Act will be announced on the itinerary to Pittsburgh next week.. Biden said this bill will increase productivity in the United States and provide many good jobs.
Biden told the press conference that the BBB Act will be announced “next Friday,” but according to the current schedule, the Pittsburgh itinerary is scheduled for next Wednesday (March 31).
Biden did not bring up the subject of tax increases that worries the market, but there were previous reports that the Biden administration and the Democrats intend to raise taxes to raise funds for infrastructure projects, including corporate tax and tax. wealth tax.
According to CCTV News, Biden also said when referring to the infrastructure plan,China’s investment in infrastructure construction is three times that of the United States.. He said that despite the fierce competition between the United States and China, the two sides should not seek confrontation and should achieve fair trade for effective competition.
Biden emphasized that China has made huge investments in science and technology and infrastructure construction. US infrastructure construction ranks 13th in the world, and China’s investment in infrastructure construction is three times that of the US Rebuilding infrastructure will be one of its top tasks.
Biden said:The $ 1.9 trillion stimulus will doEnd of this yearAmerican economyHelpThe growth rate reached 6%, The next step will bePromote US national investment in science and technology to return to 2% of GDP. Biden said the United States has lagged investment in scientific and technological research and development, and needs to make more “real investments” in the fields of science, technology, medicine and computers.
Double the target of the vaccine
According to CCTV News, Biden raised the US vaccination goal as expected at the press conference.200 million doses of the crown’s new vaccination target to be completed within 100 days of taking office。
Biden said his administration has delivered on its promise ahead of schedule on the 58th day of taking office, that is, the goal of 100 million doses of the new vaccination crown within 100 days of taking office. Biden cited the latest Ministry of Education report that nearly 50% of K-8 schools (from kindergarten to high school) have fully opened, and he expects K-8 schools to open fully in the United States. United States within the United States. the next 35 days.
Some analysts say that if the United States maintains the current vaccination rate, the United States can reach the vaccination goal of 200 million doses in about five weeks, that is, around April 23, a week before the celebration of 100 Biden days.
Has plans to participate in the 2024 US presidential race
Biden said thatHave plans to participate in the 2024 US presidential election to seek reelection.. Due to the outstanding performance of Vice President Harris, he will continue to consider choosing Harris as his running partner.
Asked if he will compete with former President Trump in the 2024 presidential race, Biden said the most important issue for him right now is dealing with the new crown epidemic and restoring the US economy, and he is not sure. Trump by So, Do You Still Represent the Republican Party?
Afghan troop withdrawal: difficult to complete before May 1
Biden also brought up the issue of the withdrawal of troops from Afghanistan, sayingIt is difficult to withdraw troops from Afghanistan before the May 1 deadline.But he said the United States will leave Afghanistan in a safe and orderly manner and does not intend to station troops in Afghanistan for long. “It is impossible to imagine that the United States will still station troops in Afghanistan in 2022.
Immigration crisis
Biden also said that he will start paying attention to some long-term issues, such as immigration and gun issues after the new corona pneumonia epidemic. He said the United States is discussing immigration issues with Mexico.
According to Chinanews.com, after Biden took office, large numbers of illegal immigrants from Latin America flocked to the US-Mexico border, potentially triggering the largest wave of immigration in 20 years. The wave of border immigration has caused the Biden administration to face criticism from Republicans and even from within Democrats. Republicans accused Biden of the border crisis, while Democrats criticized the inhumane treatment of immigration and said the Biden’s policies lack transparency.
The analysis said,The border crisis constantly tests Biden’s commitment to his “humanitarian refugee policy” and planted the political bombshell of Biden’s 100 days.. Republican Senator Cruz noted that although the Biden administration does not recognize the crisis at the border, the entire United States has seen how serious the problem is; Trump even called the border situation “just insane.”
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