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Political and Legislative

Biden to Introduce $1.8 Trillion American Families Plan

President Biden on Wednesday will outline the American Families Plan, an ambitious package that would call for $1 trillion in new spending and $800 billion in new tax credits and aim to significantly expand access to preschool and community college, as well as child care and health care benefits.

Biden will detail the proposal during a speech before a joint session of Congress in which he is expected to lay out his agenda for the coming months. The centerpiece of the speech will be the families plan, which is being rolled out less than a month after Biden unveiled a $2.3 trillion infrastructure proposal.

The American Families Plan calls for a $200 billion program offering universal pre-kindergarten for all three- and four-year-olds; $109 billion for tuition-free community college for any American who wants it; $85 billion to increase Pell Grants to benefit low-income and minority students; and more than $4 billion in funding for larger scholarships, certification and support programs for teachers.

Read the source article at The Hill

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