Summary
[U.S. Senate Democrats announced a US$3.5 trillion budget plan]Congressional documents show that the US Senate Democrats announced a US$3.5 trillion budget plan on Monday. The document requires tax breaks and appropriations to encourage “clean energy” manufacturing and The development of the transportation industry has also carried out major reforms in immigration and education policies. The proposed budget resolution aims to implement President Biden’s $3.5 trillion “Human Infrastructure” initiative. The Democrats intend to debate this non-binding resolution and pass the plan in the next few days. This plan will serve as a framework for more detailed and binding legislation later this year. (Zhitong Finance Network)
Congressional documents show that Democrats in the U.S. Senate announced a $3.5 trillion budget plan on Monday. The document calls for tax deductions and grants to encourage the development of “clean energy” manufacturing and transportation, as well as major reforms to immigration and education policies. The proposed budget resolution aims to implement President Biden’s $3.5 trillion “Human Infrastructure” initiative. The Democrats intend to debate this non-binding resolution and pass the plan in the next few days. This plan will serve as a framework for more detailed and binding legislation later this year.
(Source: Zhitong Finance Network)
.