US President Joe Biden is promoting his huge middle-class spending plan in his speech at the White House. This initiative puts billions of dollars at stake in Congress and could define the fate of his term.
The White House said Biden would advocate leveling the playing field in the economy to lower costs. And ensure that the country’s backbone, the middle class, can finally get a break.
The democrat is bettings this message of fairness across the finish line in the conference, where his party has a slim majority against a Republican opposition that shows no desire for agreement.
His allies nicknamed him as Middle-Class Joe because Joe Biden promoting his huge spending plan with he has made the bid to spend. $ 3.5 trillion on education, childcare, and climate crisis issues is the centerpiece of his national agenda.
It would be in addition to a roughly $ 1 trillion spending plan on infrastructures, such as roads and bridges. That Republicans have agreed to support – a rare instance of bipartisanship that Biden provided for use as proof about his effort to unite the country.
He criticized the United States and abroad for the complicated withdrawal of American troops from Afghanistan. He ended a lost 20-year war against the Taliban. Biden focuses on internal affairs and gives Democrats a significant victory before the legislative elections next year.
That victory would also help resurrect his presidency. After a strong start seems increasingly impeded down by the fallout from Afghanistan. The pandemic brought a problematic economic recovery from lockdown and a resurgence of the coronavirus due to the delta variant.
With an average approval rating of 46%, Biden is one of the most unpopular presidents in modern history in the first term. Even though he is well above Republican Donald Trump was in the same term, with 38.8% approval.
Biden says that his plan will tip the economy for most Americans after years of growing inequality and a drain on essential social services like education.
Press secretary Jen Psaki tweeted that his speech will expose the great choice America faces right now.
Will we continue with an economy that benefits the wealthy and large corporations, or will we wet the country on a path that benefits workers?
With Democrats unable to lose a single vote in the Senate, which is 50-50, and a House of Representatives almost as close, Biden’s plan hangs by a thread.
In its effort, the government promoted a letter of support signed by 15 Nobel laureates in economics who say its social spending plan will promote success in the 21st century.
Yet Republicans do not only deny to accept the multibillion-dollar package. But they are also seeing the possibility of dealing a severe blow to Biden’s presidency before next year’s election.
Additionally, Republicans are threatening to block the approval of an increase in the national debt, leading the country into a funding crisis.