Joe: Take care of caregivers

Joe Biden’s campaign on Tuesday released another installment of his economic plan — a $775 billion recovery proposal aimed at creating 3 million new jobs in caregiving services.

The plan boasts universal preschool for children ages 3 to 4, tax credits for low- and middle-income families for child-care costs, Social Security credits for people who care for loved ones, increases in pay for caregivers and early-childhood educators, and the elimination of waiting lists for Medicaid services.

The proposal says the $775 billion would be spent over 10 years, though the campaign did not specify how the plan would be financed.

The campaign did, however, pledge to roll back the “unproductive and unequal” tax breaks for real-estate investors with incomes over $400,000, as well as to take steps to increase tax compliance for high-income earners.

The former vice president’s campaign says Biden, if elected, would immediately provide financial relief to state, tribal and local governments to keep workers employed and keep public services running.

Last week, Biden outlined his plan for a green economic recovery with a focus on environmental concerns, saying climate change was not only an “existential threat to humanity,” but its solution could be “the very answer to get us out of this economic situation we’re in.”

In the coming weeks, the Biden campaign will roll out two initiatives to support economic growth and recovery, and another proposal focused on advancing racial equity across the nation, according to The Hill.