[CNBC Television] President Joe Biden splits $3 trillion recovery plan aiming for bipartisan support

🎯 Загружено автоматически через бота: 🚫 Оригинал видео: 📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал. ✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его. 📃 Оригинальное описание: President Biden is proposing a $3 trillion recovery plan that will be split into two bills. The first one will focus on infrastructure and the second will address social inequities such as expanding child care and health care. Kayla Tausche joins ’The News with Shepard Smith’ to discuss. For access to live and exclusive video from CNBC subscribe to CNBC PRO: The White House will consider various options to pass an estimated $3 trillion economic recovery proposal, including splitting it into two bills, NBC News reported Monday. The New York Times first reported the potential for the Biden administration to craft two separate proposals. President Joe Biden aims to inject more money into the economy after this month’s passage of his top priority, a $1.9 trillion coronavirus relief package. His administration and congressional Democrats hope to revamp the country’s infrastructure, combat climate change and jolt an improving U.S. economy. White House press secretary Jen Psaki said earlier Monday that Biden had not decided how to proceed. In a statement to NBC News, she said, “President Biden and his team are considering a range of potential options for how to invest in working families and reform our tax code so it rewards work, not wealth.” “Those conversations are ongoing, so any speculation about future economic proposals is premature and not a reflection of the White House’s thinking,” she said. The Times reported that the president’s advisors will bring him a plan as soon as this week that would divide the recovery proposal into two planks. One would put money into boosting manufacturing, improving transportation systems, expanding broadband access and reducing carbon emissions, according to the newspaper. The other would focus on reducing economic inequities through investments in paid leave, universal pre-K and community college, the report said. The administration is leaning toward pursuing a bipartisan infrastructure bill first, then trying to pass larger pieces of the economic package through budget reconciliation, which would only require Democratic votes in the Senate, according to NBC. It is unclear now whether Republicans would back either piece of Biden’s recovery plan. The GOP has generally opposed the president’s proposals to hike takes on corporations and the wealthiest Americans to pay for the initiatives. The Dow Jones Industrial average closed up more than 100 points Monday after the Times report. The reported price tag for Biden’s plan is bigger than what most Wall Street firms including Goldman Sachs expected, as most saw a roughly $2 trillion infrastructure package. Shares of Caterpillar ended modestly higher. Spokespeople for the White House, Senate Majority Leader Chuck Schumer, D-N.Y., and House Speaker Nancy Pelosi, D-Calif., did not immediately respond to requests to comment. Though politicians on both sides of the political aisle agree that U.S. infrastructure needs repair, they have not come to a consensus over which items to pay for and how best to finance the massive undertaking. Some moderates, including conservative Democrat Sen. Joe Manchin of West Virginia, have made it clear they will only vote for a plan that makes a genuine attempt at bipartisanship and is nearly entirely paid for. Democrats approved the pandemic aid package on their own through budget reconciliation, and some members of the caucus have supported using the process to pass an infrastructure plan. » Subscribe to CNBC TV: » Subscribe to CNBC: » Subscribe to CNBC Classic: Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective on the day’s most important stories. Available to listen by 8:30pm ET / 5:30pm PT daily beginning September 30: Connect with CNBC News Online Get the latest news: Follow CNBC on LinkedIn: Follow CNBC News on Facebook: Follow CNBC News on Twitter: Follow CNB