President Biden will speak to Congress on Wednesday eveing (US time)

  • Will outline $1.8tln in new spending
  • plans to ask Congress to pay for the entirety of it

Adds Axios in the report:

  • Biden's decision to fully offset both the $2.25 trillion American Jobs Plan he announced last month, and the $1.8 trillion American Families Plan being rolled out in his joint address, all but guarantee big political battles on both the spending and tax sides of Biden's combined $4 trillion proposal.

Axios link for more

Also, earlier:

President Biden will speak to Congress on Wednesday eveing (US time)