Thursday, April 22, 2021

White House prepares massive infrastructure bill with universal pre-K, free community college, climate measures

From The Washington Post (Mar. 22):

White House officials are preparing to present President Biden with a roughly $3 trillion infrastructure and jobs package that includes high-profile domestic policy priorities such as free community college and universal prekindergarten, according to three people familiar with internal discussions.

After completing the $1.9 trillion coronavirus relief package this month, Biden administration officials are piecing together the next major legislative priority. Although no final announcement has been made, the White House is expected to push a multitrillion-dollar jobs and infrastructure plan as the centerpiece of the president’s “Build Back Better” agenda.

That effort is expected to be broken into two parts — one focused on infrastructure, and the other focused on other domestic priorities such as growing the newly expanded child tax credit for several years. The people, who spoke on the condition of anonymity to describe private conversations, stressed that planning was preliminary and subject to change. Some aides said that the package’s final price tag remains unclear.

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The Congressional Budget Office has estimated that the House Democrats’ bill would save the government approximately $450 billion over the next decade. By lowering the cost of prescription drugs, the government would spend significantly less on Medicare and other public health programs. [read more]

Porkzilla. Other articles on the bill:

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