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$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.
$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.