Joe Biden Planning $1 Trillion More Spending for Child Care, Universal Pre-School, and Free Community Colleges
20 Apr 2021
President Joe Biden and his administration have already outlined their next big spending bill, The American Families Plan. A basic outline of the second bill was revealed by the
Washington Post on Tuesday citing “two people aware of internal discussions.”
The bill will likely include $225 billion for child-care, $200 billion for universal preschool, and hundreds of billions for tuition-free community colleges, according to the
Post.
Other priorities include $225 billion for paid family and medical leave and an expansion of food stamp programs.
President Joe Biden’s infrastructure plan may include $4 trillion in spending and $3 trillion in increased taxes, according to a report released Monday. https://t.co/ydYKJ6ZdGb
Published 5 hours ago •
Updated 4 hours ago
Image by Marie LaFauci | Moment | Getty Images
The wealthy are facing a rise in taxes. Charitable donations are a way to reduce exposure while giving back.
Among these vehicles are charitable remainder trusts and donor-advised funds.
CRTs are complicated and require attorneys to set up and accountants to maintain. DAFs are much simpler and far less expensive, and have grown in popularity.
Any possible tax changes for ultra-high-net-worth and high-net-worth investors could result in an increased tax burden. That means there s motivation to find ways to protect that wealth. Download our mobile app for iOS or Android to get alerts for local breaking news and weather.
Jimmy Carter Leads Tributes to Walter Mondale
The 42nd vice president, who died Monday at 93, was recalled for his collaborative role in the Carter administration and his liberal advocacy.
President Jimmy Carter with Vice President Walter Mondale on the South Lawn of the White House in January 1978.Credit.John Duricka/Associated Press
April 19, 2021
Former President Jimmy Carter credited Walter F. Mondale, his onetime vice president who died on Monday at 93, with transforming the office from a secondary role to a governing partner with his political skill and personal integrity.
Mr. Carter led the tributes to Mr. Mondale, many of them coming from the political left.
Representative image
BHUBANESWAR: The Centre’s decision to inoculate all above 18 years of age from May 1 and allow states to buy doses directly from the vaccine manufacturers was hailed by healthcare experts and political leaders.
“It is a welcome step. In the second wave, it has been noticed that not only elders with co-morbidities, but also a large number of youths are contracting the virus,” Dr Narayan Mishra, a senior physician, said.
Similarly, Dr Sidhartha Dash said, “If we vaccinate a large number of people, it will help in developing herd immunity and will enable them to fight the virus in the long run.”
NEW DELHI: A day after the government tweaked its Covid-19 vaccination policy to widen the coverage, the Congress on Tuesday alleged the changes will worsen the inequality between states as well as between poor and rich Indians, and demanded uniform pricing for the jabs at all health facilities.
Questioning the pricing modalities under the new policy, which allows manufacturers to fix the prices of their shots, the Congress said the plan was regressive, inequitable and anti-competitive .
The party also said the new policy would put additional burden on states which are already cash-strapped.
The Centre announced Monday that all above 18 years of age will be eligible for Covid-19 vaccination from May 1, while private hospitals and states will be able to buy doses from manufacturers.