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Biden to announce $1.8-trn plan to expand US social safety net: What is it

The 10-year plan is aimed at ramping up federal support for American families, with a major expansion in spending on child care, paid leave and education.

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Biden is proposing to extend through 2025 an enhanced version of the child tax credit.

Laura Davison | Bloomberg
President Joe Biden’s administration on Wednesday unveiled a $1.8 trillion, 10-year plan to ramp up federal support for American families, with a major expansion in spending on child care, paid leave and education.
 
The “American Families Plan,” which Biden will tout in a joint address to Congress Wednesday night, is funded in part by $1.5 trillion of tax hikes on the wealthiest Americans. The proposals still face major changes in Congress, with Republicans set against higher taxes and Democrats having their own priorities.

Ambitious as it is, Biden’s program omits some of his campaign-trail agenda items and lacks any move