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May 7, 2021 Share Politicians usually prefer to pose and smile in front of public works projects of pride. U.S. President Joe Biden did the opposite on Thursday holding photo opportunities with a poorly maintained bridge as the backdrop and then touring a decrepit water treatment plant, with cameras in tow. “We’re standing here in the shadow of the I-10 bridge, which I’ve gone over several times myself in the past. And it’s a perfect example how we’ve neglected as a nation to invest in the future of our economy and the future of our people,” said Biden in Lake Charles, Louisiana, after he was introduced by the city’s Republican mayor. ....
Republicans object to Biden s call for funding infrastructure by raising the corporate tax rate (File) Lake Charles: President Joe Biden warned Thursday that Congress needs to adopt his multi-trillion dollar spending plans to renew the US economy because China is eating our lunch. Speaking in deep-Republican Louisiana, Biden pitched his $2.3 trillion infrastructure proposal as a way to secure US preeminence on the global stage as much as fixing dangerous bridges and roads. The plan is popular among Democrats but Republicans in Congress either oppose what they see as an uncontrolled spending spree or are proposing something far more modest. Biden argued that his plan, which would fund traditional infrastructure like road transport, but also pour money into things like broadband internet and electric car research and development, will pay off. ....
Biden says US must invest because China 'eating our lunch' | Bangladesh Sangbad Sangstha (BSS) bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
Joe Biden: US must invest because China eating our lunch Top Searches Joe Biden: US must invest because China eating our lunch AFP / May 7, 2021, 12:47 IST FacebookTwitterLinkedinEMail LAKE CHARLES: President Joe Biden warned Thursday that Congress needs to adopt his multi-trillion dollar spending plans to renew the US economy because China is eating our lunch. Speaking in deep-Republican Louisiana, Biden pitched his $2.3 trillion infrastructure proposal as a way to secure US preeminence on the global stage as much as fixing dangerous bridges and roads. The plan is popular among Democrats but Republicans in Congress either oppose what they see as an uncontrolled spending spree or are proposing something far more modest. ....
May 6, 2021 7:02 AM By Zachary Sherwood and Brandon Lee President Joe Bidenâs plan to raise $700 billion over a decade from increased tax audits of the wealthy and corporations a major funding source for his economic-investment proposals will probably take years to bear fruit and faces skepticism that the figure is realistic. The Biden administration has proposed a more than 10% funding increase for the Internal Revenue Service for the next fiscal year and an overall investment of $80 billion over the next 10 years to beef up the agencyâs depleted auditing staff and outdated technology. Bidenâs American Families Plan, released last week, highlighted the audit take as a principal way to pay for $1.8 trillion in initiatives including child care and education. ....