President Biden’s development in the recent political and economic scenarios is the mixture of some hopes and disappointments. Policies and all other development in the economic sector give us a plan and somehow hopes to maintain the economical structure.
In the American rescue plan of $1.9 trillion for the American people in terms of their unemployment, vaccination of Americans,s and much more promises that he made. There is some real pain behind economic conditions and we need to fix it as soon as possibly said by Biden in his speech.
The health care plan is also a good step taken by Biden’s administration. Every American deserves good health and more. $400 Billion for public health and for reopening schools is appreciated the step by the president. Moreover, Student loan forgiveness is also a good step in which $110 million student debt is forgiven for the greater interest of students.
Biden’s plan is also for the addition of $4 trillion over a decade by tax revenue and collections. He wanted to increase the tax ratio by 1% annually. Let’s see how it goes for the American people.