Biden’s historic plan for America and what it means for Ireland Inc

The US president’s $5.7 trillion social democratic vision, covering everything from infrastructure to jobs to corporate tax reform, is so ambitious it makes most European leaders look like centrists

4th April, 2021
Biden’s historic plan for America and what it means for Ireland Inc
Joe Biden: the US president is bidding to win back working class voters who have moved to the Republicans Picture: Getty

There are three components to US president Joe Biden’s new social democratic vision for America – a rescue plan, a jobs plan and a family plan.

The rescue plan is a $2 trillion stimulus package to promote growth in response to the Covid-19 crisis. The jobs plan is a $2.3 trillion investment to rebuild the infrastructure of America, and the family plan aims to invest $1 trillion in new public services such as childcare and healthcare.

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