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U.S. Senate Democrats announce a $3.5 trillion budget plan

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U.S. Senate Democrats announce a $3.5 trillion budget plan

2021-08-10 10:30

Source: Securities Times

Author: Song Tenghu

Securities Times

Song Tenghu

2021-08-10 10:30

According to CCTV News, with the steady progress of the US Senate’s bipartisan infrastructure bill, the Democrats in the Senate announced a $3.5 trillion budget plan on August 9 local time, including a $107 billion budget plan. Immigration reform plan. The plan will require the government to expand tax reduction and exemption policies, expand the scope of medical insurance benefits, encourage the development of clean energy manufacturing, and carry out major reforms in immigration and education policies. According to the budget proposal, the Senate Judiciary Committee will receive $107 billion in funding, part of which will be used to help legal immigrants obtain permanent status. It is expected to “provide green cards for millions of immigrant workers and families.” The plan will also provide funding for border security measures.

Disclaimer: The Securities Times strives to be truthful and accurate. The content mentioned in the article is for reference only and does not constitute substantive investment advice. The operation is at your own risk accordingly.

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