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Wednesday, May 5, 2021

The Biden makeover of Government in the US

The tenure of Joe Biden as President of US may be a defining moment in the role of government in the US. He has so far announced $6 trillion worth programs to combat both Covid 19 and the longer term problems affecting American society. 

This graphic summarises the $4.1 trillion infrastructure and families plans of the Biden administration, of which the latter contains several permanent measures on welfare and social safety. 

This is the list of components in the Families Plan and this in the Infrastructure Plan.

A summary of the Families Plan,
Most of the spending and tax cuts in Wednesday’s proposal is directed at families, with provisions for a national paid family and medical leave program; child care subsidies; and extensions of several tax credit expansions from the most recent Covid-19 relief law. Newly proposed education spending includes universal prekindergarten for 3- and 4-year-olds; two years of free community college; an increase in the maximum Pell Grant award; and investments in colleges and universities serving minority groups. The plan also calls on Congress to adjust the unemployment insurance system so that it would automatically link the length and amount of benefits to economic conditions.

Many of the provisions cover upto 10 years.  

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