{"id":460810,"date":"2021-04-28T15:20:50","date_gmt":"2021-04-28T19:20:50","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=460810"},"modified":"2021-04-28T15:20:56","modified_gmt":"2021-04-28T19:20:56","slug":"preview-president-biden-to-unveil-1-8-trillion-american-families-plan-during-his-address-to-congress","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/preview-president-biden-to-unveil-1-8-trillion-american-families-plan-during-his-address-to-congress\/","title":{"rendered":"PREVIEW: President Biden To Unveil $1.8 Trillion \u2018American Families Plan\u2019 During His Address To Congress"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">30<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpreview-president-biden-to-unveil-1-8-trillion-american-families-plan-during-his-address-to-congress%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=460810&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-2588.jpeg?w=1200&#038;h=800&#038;ixlib=react-9.0.3\" class=\"ff-og-image-inserted\"  style=\"display:none\"><\/div>\n<div class=\"e12o35pe0 css-1wr5klf\" readability=\"37.365722801788\">\n<p>During his first, unofficial \u201cState of the Union\u201d address on Wednesday night, President Joe Biden is expected to unveil a $1.8 trillion bill dubbed the American Families Plan. This is considered a companion bill to the American Jobs Plan, the $2.7 trillion \u201cinfrastructure\u201d plan unveiled earlier this month and also expected to feature in Biden\u2019s speech.<\/p>\n<p>\u201cThe American Families Plan is an investment in our children and our families\u2014helping families cover the basic expenses that so many struggle with now, lowering health insurance premiums, and continuing the American Rescue Plan\u2019s historic reductions in child poverty,\u201d the White House said in a <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/04\/28\/fact-sheet-the-american-families-plan\/\">statement.<\/a><\/p>\n<p>According to the White House, the plan will address a number of key areas.<\/p>\n<p><strong>Education<\/strong><\/p>\n<ul>\n<li>Invest $200 billion to establish universal preschool for three-and-four-year-olds.<\/li>\n<li>Invest $109 billion for free community college for Americans and DREAMers.<\/li>\n<li>Invest $46 billion in Historically Black Colleges and Universities (HBCUs), Tribal College and Universities (TCUs), and other minority-serving institutions.<\/li>\n<li>Invest $80 billion in Pell Grants, including upping award amounts by $1,400.<\/li>\n<li>Invest $9 billion to \u201ctrain, equip, and diversify teachers.\u201d Of that, $2.8 billion includes doubling scholarships for students in college to become a teacher. Scholarship amounts would raise from $4,000 to $8,000 per year. Another $1.6 billion of the funding will be utilized for teachers needing additional certificates in areas like special education.<\/li>\n<li>Invest $62 billion in grants for colleges and universities servicing low-income students.<\/li>\n<\/ul>\n<p><strong>Families<\/strong><\/p>\n<ul>\n<li>Ensure that families deemed \u201clow\u201d or \u201cmiddle-income\u201d spend no more than 7% on child care.<\/li>\n<li>Create a national paid family and medical leave program up to $4,000 a month, with a minimum of two-thirds of average weekly wages replaced.<\/li>\n<li>Invest $25 billion to expand EBT benefits in summer for all students.<\/li>\n<li>Invest $1 billion to build on the Obama administration\u2019s nutrition standards in schools.<\/li>\n<li>Allow those who are formerly incarcerated to receive SNAP benefits if needed.<\/li>\n<\/ul>\n<p><strong>Taxes<\/strong><\/p>\n<ul>\n<li>Expand the Child Tax Credit \u201cfrom $2,000 per child to $3,000 per child for six-years old and above, and $3,600 per child for children under six.\u201d<\/li>\n<li>Creates the Child and Dependent Care Tax Credit, which would allow families to receive up to half of their child care spending as a tax credit. The maximum allotment is $4,000 for one child or $8,000 for two or more children. Families making $125,000 or less will receive a 50% reimbursement. Those making between $125,000 and $400,000 will receive a partial credit.<\/li>\n<li>Make the Earned Income Tax Credit permanent.<\/li>\n<li>Extend health insurance tax credits.<\/li>\n<li>Increase taxes to 39.6% on families making more than $400,000.<\/li>\n<\/ul>\n<p>The <a href=\"https:\/\/www.cbo.gov\/publication\/57030\">Congressional Budget Office<\/a> estimated Biden\u2019s American Rescue Plan would add $1.9 trillion to the deficit over the next decade. According to <a href=\"https:\/\/justthenews.com\/government\/congress\/biden-call-4-trillion-new-spending-during-joint-address-congress\">Just the News<\/a>, the final version of both pieces of legislation \u201care estimated to cost about $4 trillion combined\u201d as our national debt currently sits at $28 trillion.<\/p>\n<p>President Biden is set to address Congress during his State of the Union Address at 9 p.m. ET.<\/p>\n<p><i>The Daily Wire is one of America\u2019s fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a\u00a0<\/i><a href=\"https:\/\/www.dailywire.com\/subscribe\"><span class=\"s1\"><i>member<\/i><\/span><\/a><i>.<\/i><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>During his first, unofficial \u201cState of the Union\u201d address on Wednesday night, President Joe Biden is expected to unveil a $1.8 trillion bill dubbed the American Families Plan. This is &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2276931,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-2588.jpeg?w=1200&h=800&ixlib=react-9.0.3","fifu_image_alt":"PREVIEW: President Biden To Unveil $1.8 Trillion \u2018American Families Plan\u2019 During His Address To Congress","footnotes":""},"categories":[],"tags":[],"class_list":["post-460810","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-2588.jpeg?w=1200&h=800&ixlib=react-9.0.3","fifu_image_alt":"PREVIEW: President Biden To Unveil $1.8 Trillion \u2018American Families Plan\u2019 During His Address To Congress","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/460810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=460810"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/460810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2276931"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=460810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=460810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=460810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}