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President Biden's Build Back Better Plan will address the lack of teachers and enhance the education of teachers, including providing teacher residencies and by developing programs that provide greater results and generate more POC teachers.
- $555 Billion to Fight Climate Change
- $400 Billion For Universal Pre-K
- $200 Billion For Child Tax Credits
- $200 Billion For 4 Weeks of Paid Leave
- $165 Billion on Healthcare Spending
- $150 Billion to Expand Affordable Home Care
- $150 Billion For Affordable Housing
- Where Is All This Money Coming from?
The biggest sum of money in the bill is set aside for climate-related provisions, which the White House hopes will allow Biden to deliver on his goal to halve carbon emissions by 2030. The bulk of clean energy spending—$320 billion—comes in the form of tax credits for companies and consumers that install solar panels, improve the energy efficiency ...
The bill directs money to providing free universal preschool for all three and four year olds, which the White House has dubbed the largest expansion in education programs since the creation of public high school. Under the universal preschool plan, parents will be able to send their children to a public school or childcare program of their choice....
The bill grants a one-year extension of the pandemic-era child tax credit, which provides parents with $300 every month per child under age six and $250 every month per child ages six to 17. Families that do not earn enough money to qualify for income tax liability will be eligible to continue receiving the full child tax credit beyond the one-year...
The bill creates a permanent, comprehensive national paid leave program that gives employed workers—including those who are self-employed—four weeks of paid family and medical leave, which can be used for caregiving or personal illness. If this provision becomes law, workers who request paid leave starting in 2024 will receive a percentage of their...
Touted by the White House as the biggest expansion of affordable health care in a decade, the spending bill reduces health care premiums under the Affordable Care Act and expands Medicare coverage to include hearing benefits. Premiums for those who buy insurance through the Affordable Care Act marketplace will be around $600 less per person each ye...
The plan provides funding for a Medicaid program that supports in-home health care, helping to reduce a backlog of people waiting to receive subsidized home care and improve wages for providers. Thousands of seniors and disabled Americans have been unable to receive care they need, including more than 800,000 on state Medicaid waiting lists, the Wh...
Increased spending on housing affordability will go towards building more than 1 million new rental and single-family homes. The bill aims to reduce cost pressures by providing rental and down payment assistance through an expanded voucher program. According to the National Low Income Housing Coalition, around 70% of all extremely low income famili...
Democrats say the spending package will be paid for by tax increases on high earners and corporations, but the nonpartisan Congressional Budget Office found on Thursday that this will only raise around $1.5 trillion over 10 years—just short of the $1.75 trillion in 10-year spending. The CBO findings are at odds with the White House’s pledge to full...
Dec 7, 2021 · A sweeping $1.9 trillion spending plan, known as the Build Back Better bill, is making its way through Congress and could make a key part of President Joe Biden’s economic agenda a reality.
Dec 21, 2021 · The fate of the imperiled Build Back Better bill in Congress will have major consequences for America’s ability to tackle climate change, researchers have estimated.
Dec 17, 2021 · If it passes, and everything goes just right, some scientists say that the legislation — dubbed the ‘Build Back Better’ act — could bring the United States closer to meeting the goals that...
- Jeff Tollefson
Nov 21, 2021 · There would be $1 billion to build electric vehicle charging stations, $2.9 billion to make the electrical grid more conducive to transmitting wind and solar power, and $12.5 billion in...
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Sep 12, 2021 · After months of negotiations and passage in the House last month, President Joe Biden’s sweeping $1.75 trillion economic and climate package was dealt a major blow on Sunday when a key Democratic...
