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Day 71

1/ Biden unveiled his $2.25 trillion jobs, infrastructure, and green energy proposal to reshape the U.S. economy. Over the next eight years, the plan would rebuild 20,000 miles of roads, repair 10 of the most economically important bridges in the country, eliminate lead pipes from the nation’s water supply, update and modernize the electric grid, fund the construction of about a half-million electric vehicle charging stations, expand high-speed broadband across the entire country, upgrade and build new schools, and more. The White Houses said the spending would generate millions of new jobs as the country shifts away from fossil fuels and accelerates the fight against climate change. The White House also said the proposal would pay for itself over 15 years by raising the corporate tax rate to 28%, increasing the global minimum tax paid to 21%, ending federal tax breaks for fossil fuel companies, and ramping up tax enforcement. Nancy Pelosi said she wants to have the House pass the package by July 4. (New York Times / Washington Post / Associated Press / NPR / Politico / CNBC / Bloomberg / Wall Street Journal)

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