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Biden Plans to Split Spending Plan in Two

Published by

November 28, 2024
(GMT+2)

President Biden plans to split up his next big government-spending push into two programs and will lay out his vision for an infrastructure-oriented initial proposal, including green-energy programs, at an event in Pittsburgh this week, a top administration official stated on Sunday. The second proposal, which the administration plans to release in April, would focus more on child care and healthcare programs, among other priorities for the administration, White House press secretary Jen Psaki stated on “Fox News Sunday.”At some point the administration plans to propose tax gains on larger-income families and businesses to support payment for the programs, however it has yet to lay out its tax strategy or how it will fit together with the next two proposals. Ms. Psaki also left open the possibility that both elements of the president’s spending campaign could be pursued in a single legislative session.

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