Biden Admin Is Preparing, $3 Trillion Spending Plan for Economy.
The plan is being developed by President Joe Biden's economic advisers.
A centerpiece of the plan is a massive overhaul of the nation's infrastructure.
Other key aspects of the plan include addressing climate change, a more equitable economy and manufacturing in America.
President Biden’s plan represents a stunning shift in priorities, addressing many of the nation’s most pressing challenges, Seth Hanlon, Center for American Progress, via 'The New York Times'.
With the razor-thin majority that Democrats hold in the Senate, Biden's advisers are considering breaking the plan down into smaller parts.
The first part will likely focus on infrastructure.
While another part will focus on programs such as universal prekindergarten, a national paid leave program and free community college.
In order to fund these packages, taxes would likely be raised on both American corporations and multinational corporations
