Thread by @WhiteHouse

Today, the President released a budget that details his plan to reimagine and rebuild a new economy that invests in the promise and potential of every single American and positions the United States to out-compete our rivals.

THREAD 1/10 -- Here's what the budget includes:

President Biden's proposal includes the two historic plans he has already put forward — the American Jobs Plan and the American Families Plan. Both plans will help us seize this moment to reimagine and rebuild a new American economy that invests in every single American.

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Through the American Jobs Plan, we can:
- Fix highways and bridges
- Upgrade ports, airports, and transit systems
- Deliver clean drinking water, a renewed electric grid, and high-speed broadband to all Americans
- Modernize schools and child care facilities

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The American Jobs Plan, would also:
- Revitalize manufacturing
- Secure U.S. supply chains
- Invest in research and development
- Build, preserve, and retrofit more than two million homes and commercial buildings
- Upgrade veterans’ hospitals and federal buildings

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The President’s American Families Plan will:
- Provide universal, high-quality preschool and two years of free community college
- Create a national comprehensive paid family and medical leave program
- Extend tax cuts for families with children and American workers

(5/10)

The President's budget proposes long-overdue changes to our tax code. It aims to reform the corporate tax code to incentive job creation and investment, revitalize tax enforcement to ensure high-income Americans pay the tax they owe under the law, and eliminate loopholes.

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President Biden's budget incorporates critical reinvestments in education, research, and public health.

It also calls on Congress to take action this year to lower prescription drug costs and expand and improve health coverage.

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Through targeted discretionary investments, the President's budget will:
- Prepare for future public health crises
- Help end the opioid epidemic
- Aim to tackle the climate crisis
- Combat the gun violence public health epidemic
- Invest in ending gender-based violence

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The President's budget includes targeted discretionary funds to:
- Invest in high-poverty schools
- Extend housing vouchers and help end homelessness
- Uphold our trust responsibility to Tribal Nations
- Advance efforts to build a fair, safe, and humane immigration system

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Learn more about these investments in our families, communities, and nation: whitehouse.gov/omb/budget/