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Day 99: "Investments in our future."


Wednesday, April 28, 2021

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1/ The White House unveiled a $1.8 trillion spending and tax plan to expand access to child care, education, paid leave, and an extension of some tax credits. Biden is expected to detail the American Families Plan in a joint session of Congress tonight, which starts around 9 p.m. ET. The proposed plan, which includes about $1 trillion in investments and $800 billion in tax credits over a decade, would provide $200 billion in universal pre-kindergarten, more than $100 billion in free community college, extend the expanded child tax credit through 2025, and set aside $225 billion to create a national paid family and medical leave program, among other initiatives. The plan, which the White House has billed as “generational investments in our future,” would largely be funded by raising taxes on the wealthiest Americans. Between the $2.3 trillion American Jobs Plan, which the White House unveiled last month, and the $1.8 trillion American Families Plan, Biden is proposing roughly $4 trillion in investments over the next decade that would expand the U.S. social safety net and the role of government in public life. (New York Times / Washington Post / Wall Street Journal / Bloomberg / CNN / Politico / USA Today / CNBC)

2/ Federal investigators executed search warrants at Rudy Giuliani’s New York City home and office as part of a criminal investigation into his dealings in Ukraine. Investigators seized Giuliani’s electronic devices as part of a yearslong investigation by Manhattan federal prosecutors into possible violation of foreign-lobbying rules. The FBI also executed a search warrant at the Washington-area home of Victoria Toensing in connection with the Giuliani investigation. Toensing, a lawyer close to Giuliani, had dealings with several Ukrainians in an effort to try to dig up dirt about Biden as he ran for president. (New York Times / Wall Street Journal / Washington Post / CBS News / NBC News / CNN)

3/ Gov. Andrew Cuomo’s office repeatedly prevented state health officials from releasing the true coronavirus death toll in New York nursing homes for at least five months. Starting last April, Cuomo’s most senior aides overruled and obscured the state’s health officials from releasing a scientific paper, which incorporated the death toll, and two letters by the Health Department and meant for state legislators were...

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 2021-04-29  3m