U.S. President Joe Biden presented a social and climate spending plan on Thursday to Congress and voters.
The White House said the plan has the support of Democrats in the Senate and House of Representatives. Progressive Democrats in the House, however, have said they want to see the full text before making any deals.*15% minimum tax on corporate profits of U.S. companies with over $1 billion in profits.U.S.
* Limit on child care costs for families to no more than 7% of income for families earning up to 250% of state median income.* Extend the expanded Affordable Care Act premium tax credits through 2025.*A proposal to allow the U.S. government to negotiate prescription drug prices to make them cheaper.
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