Biden Team Looking at $3 Trillion Infrastructure Spend

$3 trillion

“President Biden’s economic advisers are preparing to recommend spending as much as $3 trillion on a sweeping set of efforts aimed at boosting the economy, reducing carbon emissions and narrowing economic inequality, beginning with a giant infrastructure plan that may be financed in part through tax increases on corporations and the rich,” the New York Times reports.

House Democrats Unveil $750 Billion Infrastructure Plan

$750 billion

“House Democrats on Wednesday plan to unveil a five-year, $760 billion framework for rebuilding the nation’s highways, airports and other infrastructure, laying out an election-year package with little chance of enactment after bipartisan talks with the White House on the issue failed to gain traction,” the New York Times reports.