HEADLINES & GLOBAL NEWS
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May 02, 2021 01:03 AM EDT
(Photo : Chip Somodevilla/Getty Images) U.S. President Joe Biden addresses a joint session of congress in the House chamber of the U.S. Capitol.
President Joe Biden s bold budget policies will significantly boost federal funding for healthcare and education while still spending trillions more on infrastructure, but this will come from the biggest tax in decades.
Biden Increases the Tax to Fund His Proposed Bills
The New York Times broke the news of the proposed infrastructure plan last week. According to the article, sources familiar with the proposal estimated that it could cost up to $3 trillion based on the measures unveiled by the President.