PREVIEW: President Biden To Unveil $1.8 Trillion ‘American Families Plan’ During His Address To Congress

PREVIEW: President Biden To Unveil $1.8 Trillion ‘American Families Plan’ During His Address To Congress


During his first, unofficial “State of the Union” address on Wednesday night, President Joe Biden is expected to unveil a $1.8 trillion bill dubbed the American Families Plan. This is considered a companion bill to the American Jobs Plan, the $2.7 trillion “infrastructure” plan unveiled earlier this month and also expected to feature in Biden’s speech.

“The American Families Plan is an investment in our children and our families—helping families cover the basic expenses that so many struggle with now, lowering health insurance premiums, and continuing the American Rescue Plan’s historic reductions in child poverty,” the White House said in a statement.

According to the White House, the plan will address a number of key areas.

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Education

Invest $200 billion to establish universal preschool for three-and-four-year-olds.Invest $109 billion for free community college for Americans and DREAMers.Invest $46 billion in Historically Black Colleges and Universities (HBCUs), Tribal College and Universities (TCUs), and other minority-serving institutions.Invest $80 billion in Pell Grants, including upping award amounts

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