Bi­den plan to lift econ­omy

Evening Times - - CITY CENTRE -

DEMO­CRATIC US pres­i­den­tial can­di­date Joe Bi­den has pro­posed sweep­ing new uses of regulatory and spend­ing pow­ers to bol­ster US man­u­fac­tur­ing and tech­nol­ogy firms. He has called for a $400 bil­lion (£316bn), four-year in­crease in govern­ment buy­ing of US-based goods and ser­vices plus $300bn for re­search and devel­op­ment in US tech­nol­ogy con­cerns.

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