Creator Forum - Racial Loyalty News Online

The Washington Post reported Monday that Joe Biden is looking to be the next Franklin Roosevelt and Lyndon Johnson by proposing massive infrastructure spending and tax increases to transform the nation like FDR's New Deal and LBJ's Great Society. The Biden proposal comes in at a reported $4 trillion in spending supported by $3.5 trillion in new taxes the two-pronged package Biden will begin unveiling this week includes higher amounts of federal spending but also significantly more in new tax revenue — with possibly as much as $4 trillion in new spending and more than $3 trillion in tax increases, said the people, who spoke on the condition of anonymity to describe private dynamics.... Beyond blunting the deficit impact, raising taxes also would advance liberals' goal of cutting inequality. ...Despite their narrow margins, administration officials have begun comparing their coming efforts to Franklin Delano Roosevelt's New Deal or Lyndon B. Johnson's Great Society programs. 


The plan will center on proposals to repair the nation's physical infrastructure, such as its bridges, railways, ports, water systems and more, as well as revive domestic manufacturing; invest in research and development; expand clean energy investments, and create a nationwide infrastructure for electric vehicles. This part of the plan also will include major investments in child care and educational facilities, and major investments in caretakers for the elderly and disabled amid the nation's major aging crisis. The second part of the plan ... to expand child care; provide paid family and medical leave; approve an expansion of health care and the Affordable Care Act, and extend a larger child benefit recently approved by Congress, among other measures... Democrats may use the parliamentary procedure known as reconciliation to approve an infrastructure package with a narrow majority that would not require Republican votes, the same way they approved the coronavirus relief bill.