{{ subpage.title }}

Democrats need to be united to pass $3.5 trillion budget plan

Get insights on the latest news in US politics from Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington:

What are the details of the Democrats' proposed $3.5 trillion budget blueprint?

Well, the Democrats this week in the Senate Budget Committee agreed to move forward with the plan to spend $3.5 trillion spread out over about 10 years on a huge portion of President Biden's Build Back Better Plan. This comes on top of a bipartisan agreement, at least in principle, on another $600 billion in physical infrastructure, which is roads, bridges, tunnels, repair, broadband deployment and a whole bunch of other physical infrastructure spending that Republicans and Democrats agree they want to do but aren't clear on how they want to pay for. But on the $3.5 trillion in spending, this is a lot of new social services, it's extending a number of tax subsidies that are going to low-income families and families with kids as part of the American Rescue Plan, which was the Biden stimulus bill that passed earlier in the year. It also includes money for two years of community college, universal preschool, and expands Medicare to cover things like dental benefits and other things that Medicare currently doesn't pay for.

Read Now Show less

Can the G7 really build back the world better than China?

Over the weekend, the Biden administration announced a G7-backed plan to build climate-friendly infrastructure projects across the developing world. Against the backdrop of rising US-China competition, the plan is widely perceived as a direct challenge to China's Belt and Road Initiative, which also aims to build roads, ports, and rails across the Global South.

But what is really in the new G7 program — known as "B3W" (Build Back Better for the World) — and what is it meant to achieve? Here are a few questions to ponder.

Read Now Show less

Biden and G7 take on China

Ian Bremmer's Quick Take:

Hi, everybody happy Monday. Ian Bremmer here. I've got a Quick Take for you. Thought we would talk a little bit about President Biden's first trip outside the United States as president and the G7, which frankly went better than expected. I'm the guy that talks about the GZERO world and the absence of global leadership. But the desire of a lot of American allies to have a more regularized relationship with the United States that feels like a partnership and alliance is pretty high. And President Biden's willingness to play that role, irrespective of the constraints and divisions that he has back at home, it's also pretty high. And those two things aligned.

Read Now Show less

What does “build back better” even mean (and can we do it)?

What does President Biden's "build back better" slogan really mean? Well, it implies the world before the pandemic already needed some fixing. In fact, it's kind of like "Make America Great Again." And there's a reason why those phrases hit home. A lot of people DO think the system is broken. But beyond catchy slogans, how do we actually fix it?

Watch the episode: Is modern society broken?

Subscribe to GZERO Media's newsletter, Signal

Latest