For the first time in US history, it launched a 23 trillion plans
to defeat China economically.
WASHINGTON, (News Hub update news) Ever since Biden took over the administration
of the United States, he has not embarked on a major project that would suggest that he is
working to strengthen the US economy. At present, China has become a world superpower
and is burying its claws in every other country in the world, while the United States has not
been able to get out of the past.
However, US President Joe Biden has now embarked on construction projects to strengthen
his country economically, which suggests that conditions in the United States will improve in
the coming days. President Biden presented a 23 trillion economic recovery plans.
Biden has
unveiled 23 trillion plans to revive the US economy and support infrastructure and the plan
will run for eight years.
US President Joe Biden's plan will rebuild thousands of bridges, including 20,000
kilometers of roads. Funding for public transport will be doubled while charging stations
for electric vehicles will also be built. US President Joe Biden described the proposed
project as a "space race" and said it was a "once-in-a-generation" project that would
create an economy that would surpass China.
The president said it would be the largest job creation project in the United States
since World War II, creating millions of jobs and raising taxes on Amazon and other
major companies, including restoring transportation. On the other hand, US President
Biden wants the plan to be approved by the summer, but observers say the plan will face
opposition from Republican lawmakers.
0 Comments