The Biden administration on Wednesday detailed a collection of spending increases and tax cuts that seeks to expand access to education, reduce the cost of child care and support women in the work force.
While some details remain vague, the plan includes $1 trillion in new spending and $800 billion in tax credits.
It includes a $225 billion investment in federally subsidized child care and a paid family and medical leave program that will cost about $225 billion over the next decade as well as a $200 billion reduction in premiums for people enrolled in the Affordable Care Act.
It would also provide $200 billion in new education funding that would include free universal preschool for 5 million children in low-income and working-class families. In addition, Mr. Biden is also requesting funding for two free years of community college education to all Americans, including young immigrants known as the Dreamers.
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