President Joe Biden on Wednesday announced another progressive piece of legislation, his $1.8 trillion American Family Plan, which will expand access to community college and preschool, as well as child care and healthcare for families, funded mainly by tax increases on wealthy Americans. Biden’s new plan is his third major legislative package. It will combine $1 trillion in spending with $800 billion in tax cuts and credits for middle- and lower-income families. President Biden is calling for $200 billion for free universal pre-school for all three- and four-year-olds and $109 billion for two years of free community college, extending the child tax credit through 2025, financing teacher training, and expanding the earned income tax credit to childless adults with low incomes. The plan will also provide direct support to families by investing $225 billion toward child care and creating a national paid family leave program. The new proposal comes right …
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