• By The Financial District

BIDEN TELLS NATION: WE’RE TURNING PERIL INTO POSSIBILITY

President Joe Biden will use his first joint address to Congress to declare the nation is “turning peril into possibility, crisis into opportunity,” urging a $1.8 trillion investment in children, families and education that would fundamentally transform roles the government plays in American life.

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Biden is marking his first 100 days in office as the nation emerges from a confluence of crises, making his case Wednesday night before a pared-down gathering of mask-wearing legislators because of coronavirus restrictions.


The speech is taking place in a US Capitol still surrounded by fencing after insurrectionists in January protesting his election stormed to the doors of the House chamber where he will speak, Jonathan Lemire and Josh Boak reported for the Associated Press (AP).


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In the nationally televised ritual of a president standing before Congress, Biden will lay out a sweeping proposal for universal preschool, two years of free community college, $225 billion for child care, and monthly payments of at least $250 to parents.


His ideas target frailties that were uncovered by the pandemic, and he will make the case that economic growth would best come from taxing the rich to help the middle class and the poor.


“I can report to the nation: America is on the move again,” Biden was set to say, according to excerpts released by the White House ahead of the speech. “Turning peril into possibility. Crisis into opportunity. Setback into strength.”


Government & politics: Politicians, government officials and delegates standing in front of their country flags in a political event in the financial district.

For Biden, whose moment has been nearly a half-century in the making, his speech will also provide an update on progress in combating the COVID-19 crisis he was elected to tame, showcasing hundreds of millions of vaccinations and relief checks delivered to help offset the devastation wrought by a virus that has killed more than 573,000 people in the United States.


He will also champion his $2.3 trillion infrastructure plan, a staggering figure to be financed by higher taxes on corporations.



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