Negotiations over President Joe Biden’s $2.25 trillion jobs and infrastructure spending package have barely begun, but Biden’s complicating matters by introducing a second expensive and expansive proposal, dubbed the “American Families Plan.”
Biden will unveil his next trillion-dollar plan during Wednesday’s address to a joint session of Congress after his $1.9 trillion spending package, billed as coronavirus relief, passed in March. Yet, speculation regarding how he will pitch paying for the social welfare-heavy legislation has already spooked the private sector.
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