Taxes

What's in Biden's newest $1.8T tax and spending plan?

President Biden is poised to release $1.8 trillion spending plan that seeks to dramatically boost federal investment in education, child care and paid family leave, a sweeping measure funded largely by raising taxes on the top sliver of U.S. households.

Biden moves to extend key parts of COVID-19 relief bills with American Families Plan

President Biden is expected to announce the American Families Plan during his first joint address to Congress on Wednesday that has been framed as a complement to earlier massive investments during the COVID-19 era, but critics will likely seize on the plan as an attempt to extend major parts of the earlier relief packages.