Biden Presents $2.25T Spending Plan

Biden Presents $2.25T Spending Plan

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

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The video discusses a $2.25 trillion American job plan aimed at boosting the economy and countering China's influence. It highlights the challenges of raising corporate taxes from 21% to 28% and the potential impact on stocks. The plan faces political hurdles, particularly from Republicans, and raises concerns about inflation and market exuberance. The discussion also compares the plan to past tax cuts under Trump, emphasizing the potential for continued investment in the U.S. economy despite tax hikes.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the total amount of stimulus mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential impacts of raising corporate taxes from 21% to 28%?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding support from Republicans for the job plan?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the economists debating about in relation to the job plan?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How do tax cuts under Trump relate to the current discussion on corporate tax hikes?

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