About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “Biden Touts $1.8 Trillion American Families Plan at Virginia Community College” – below is their description.
President Joe Biden and First Lady Jill Biden traveled Monday to coastal Virginia to promote his plans to increase spending on education and children, part of his $1.8 trillion families proposal announced last week.
After stopping at an elementary school in the morning, the first couple visited Tidewater Community College.
Biden’s education initiatives include money for programs like universal pre-K, tuition-free community college for two years and safe re-opening of schools, among other things.
The issue of education funding is of personal importance to the Bidens. The first lady is an English professor at Northern Virginia Community College in Alexandria.
But there is uncertainty about Biden getting an ambitious set of spending programs through narrow Democratic majorities in Congress. Together, the two spending plans have a combined cost of about $4 trillion and many Republicans have signaled opposition to the proposals and their costs.
Biden is proposing paying for the initiatives through tax increases on the wealthiest Americans and corporations.
“I like to ask the question, do we want to give the wealthiest people in America another tax cut? Or do you want to give every high school graduate the ability to earn a community college degree on their way to good paying jobs or on the way to four years of school in industries of the future,” Biden said.
“I don’t want to punish anybody, but everybody should chip in. Everybody should pay something,” he added.Bloomberg Quicktake: Now YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
In This Story: Joe Biden
Joe Biden is an American politician serving as the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.
He is married to Dr Jill Biden.
Books by Joe Biden #Ad
6 Recent Items: Joe Biden
In This Story: Republicans
The Republican Party, sometimes also referred to as the GOP (Grand Old Party), is one of the two major contemporary political parties in the United States, along with its main, historic rival, the Democratic Party.
It was founded on 20th March 1854 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Ronna McDaniel (chairwoman).