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In March, President Biden released details for the proposed American Jobs Plan. It would be a massive investment in a range of national priorities including transportation, climate change, caregiving, and housing.
Debt levels have risen in many sectors of the economy.
Today's young adults are more likely to have student debt than their historical peers.
The U.S. personal saving rate increased drastically in 2020.
The U.S. national saving rate has declined significantly since the mid-1960s.
Despite recent declines, U.S. household debt is still very high relative to disposable income.
Here's a breakdown of the major programs in the American Rescue Plan and how much they cost.
Medicare spending is expected to grow substantially.
Between 2006 and 2051, spending on federal health programs is projected to more than double.