President Joe Biden is set to give his first address to Congress on Wednesday night, unveiling two anticipated new plans for his administration. The first is the “American Families Plan,” an investment that will cost $1.8 trillion and cover a range of areas from education to taxes to families. The second is known as the infrastructure plan, or “American Jobs Plan,” which covers many sectors and is projected to cost $2.7 trillion.
In a statement on the plan, the White House said, “this is no time to build back to the way things were. This is the moment to reimagine and rebuild a new economy. The American Jobs Plan is an investment in America that will create millions of good jobs, rebuild our country’s infrastructure, and position the United States to out-compete China.”
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