China 'closing in fast', Biden warns Congress, as he asks for trillions in spending

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

WASHINGTON: President Joe Biden declared on Wednesday (Apr 29) that the United States is 'on the move again' 100 days after he took office, in a ...

WASHINGTON: President Joe Biden declared on Wednesday that the United States is"on the move again"after he took office, in a speech to a joint session of Congress that he used to promote a US$1.8 trillion plan he said is needed to compete with China.

He argued that a new spending and tax-credit package, which together with an earlier infrastructure and jobs plan, totals around US$4 trillion, rivaling the annual federal budget – is a once-in-a-generation investment vital to America's future. The Democratic president spoke of a willingness to speak with lawmakers on both sides of the aisle to come to an agreement. He is to meet the top Democratic and Republican lawmakers at the White House on May 12 to try to find common ground.

The American Families Plan and the infrastructure and jobs plan the White House introduced this month could represent the most significant government transformation of the economy in decades.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Trillions of dollars for the pundeh guy to spend on an ice cream island. 😂

Easy excuse for lazy people

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden talks tough on China in first speech to CongressPresident Joe Biden took aim at China in his first speech to Congress on Wednesday, pledging to maintain a strong U.S. military presence in the Indo-Pacific and promising to boost technological development and trade. And in a line that drew some of the strongest applause of the evening, he said, 'There is simply no reason the blades for wind turbines can't be built in Pittsburgh instead of Beijing.' Biden’s Build Back Better plan “America has been drinking coffee black for 60 years now. To make up for the deprivation I will add 60 years’ worth of sugar into your coffee over the next 4 years”. We need to catch up with China!
Source: YahooSG - 🏆 3. / 71 Read more »

China warns US against imposing democratic ideals after Biden speechChina warned the United States on Thursday (Apr 29) against imposing its democratic ideals, while criticising trade sanctions and military moves ... Dajjal’s Magic will be so powerful, that he will be able to influence and charm people into believing his abilities. A vision from the dreams of Muhammad Qasim that hold significance for the believers. Learn more at or search ‘Muhammad Qasim Dreams’ China’s “free economy” was copied from Singapore after Deng’s trip and don’t you forget it.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Biden says US must invest because China 'eating our lunch'President Joe Biden warned Thursday that Congress needs to adopt his multi-trillion dollar spending plans to renew the US economy because China is 'eating our lunch.'
Source: YahooSG - 🏆 3. / 71 Read more »

North Korea says Biden has a 'hostile policy', warns of responseNorth Korea on Sunday accused US President Joe Biden of pursuing a hostile policy, dismissing 'spurious' American diplomacy and warning of a response.
Source: YahooSG - 🏆 3. / 71 Read more »

Biden restores transgender health protections in latest reversal of TrumpOn Monday, the Biden administration said it will protect gay and transgender people against sex discrimination in health care – the latest reversal of Trump-era policies that sought to limit transgender rights.
Source: YahooSG - 🏆 3. / 71 Read more »