President Biden formally announced his American Families Plan on Wednesday, a $1.8 trillion proposal to give all Americans access to community college, preschool, affordable child care and paid leave, among other initiatives. He wants to fund it by increasing taxes on the rich.
Supporters and detractors are already lining up, but most agree on this: It’s an ambitious plan. And it will be a challenge to get Congress to pass it, especially after the $1.9 trillion stimulus package that was enacted in March and Biden’s more than $2 trillion infrastructure bill that Congress is starting to consider.
Here are five top takeaways from this latest Biden plan.
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