By Glenn Thrush
President Biden is a man with a plan. Three plans, actually.
On Wednesday, Mr. Biden announced the third blockbuster domestic funding proposal of his presidency, hours before his first speech before a joint session of Congress. Mr. Biden’s plans add up to about $6 trillion and reflect an ambition to restore the federal government to the role it played during the New Deal and Great Society.
Here is what the plans — one passed and two pending — would do.
The American Rescue Plan, $1.9 trillion.
Mr. Biden’s coronavirus relief bill, passed in the Senate by a 50-to-49, party-line vote in March, was a sequel to the $2.2 trillion pandemic relief bill enacted during the Trump administration a year ago.
The centerpiece of the bill was a one-time direct payment of up to $1,400 for hundreds of millions of Americans, along with a $300 weekly federal supplement to unemployment benefits through the summer, and money for distributing vaccines.
It included $350 billion in emergency funding for localities — $195 billion for states, $130 billion for local governments, $20 billion for tribal governments and $4.5 billion for territories.
But it was also aimed at reducing long-term poverty. The plan provides $21.6 billion for federally subsidized housing, an enormous infusion of cash into a long-stagnant sector, with billions in emergency rental assistance and longer-term capital projects.
The American Jobs Plan, $2.3 trillion.
Mr. Biden’s infrastructure plan, unveiled on March 31, includes $621 billion for transportation projects, including bridges, roads, mass transit, ports, airports and electric vehicle development.
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