The NPR Politics Podcast Is This The Biggest Bill Of Your Lifetime?
Jul 15, 2021
President Biden's ambitious $3.5 trillion plan aims to transform healthcare and education while tackling climate change. The proposal's sweeping scope is met with political hurdles, highlighting the struggles for bipartisan support. Senate Democrats face internal divisions, balancing the needs of progressive and moderate members. As negotiations continue, the complexity of this historic spending bill captures the essence of America's political climate and the potential future of significant legislative reform.
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Biden's Two-Part Agenda
- President Biden's $3.5 trillion economic plan is a two-part agenda.
- The second part aims to expand the federal government significantly.
Unprecedented Spending
- The proposed $3.5 trillion spending plan is unprecedented in size and scope.
- It aims to reshape the relationship between the American public and the federal government.
Funding the Plan
- The plan seeks to fund the spending through tax increases on corporations and the wealthy.
- Taxes for families earning under $400,000 a year, family farms, and small businesses would remain untouched.