Biden will pressure US companies to pay an "acceptable" level of taxes
President Joe Biden will hone the arguments for his new $2 trillion spending proposal in a speech on Wednesday, challenging those who oppose his plan and the taxes that will be levied to pay for it.
Biden faces stiff opposition from Republicans, corporations, and even some of his Democratic Party for the key elements of the proposal he submitted a week ago, which Congress must approve for it to become a reality.
Biden will deliver the speech in the Eisenhower Executive Office Building, across the street from the White House.
It plans a series of investments over eight years in spending on roads and bridges, redesigning homes, expanding broadband internet access, caring for the elderly, developing local manufacturers, and building high-speed trains.
7 April 2021