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A closer look at Biden's $1.8T for families and education

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WASHINGTON – President Joe Biden's administration wants to make a $1.8 trillion down payment on the future of children, families and higher education, saying it would produce lasting benefits for the economy.

Paying for it would be $1.5 trillion of tax hikes over the next decade on the wealthiest households. A closer look at where the money is going and where it’s coming from: INITIATIVES — $200 billion to provide free preschool to all 3- and 4-year-olds.

The administration estimates that 5 million children would benefit and an average family would save $13,000. — $109 billion to offer two years of free community college to all Americans.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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