On April 28, President Joe Biden delivered his first address to Congress, touting the passage of the $1.9 trillion American Rescue Act Plan, highlighting progress on vaccinations and outlining a path forward on rebuilding the economy. Central to the president’s efforts to revitalize the economy are two expansive and expensive proposals—the American Jobs Plan and the American Families Plan. The American Jobs Plan is a $2 trillion proposal that focuses on traditional infrastructure priorities such as roads, bridges and tunnels, as well as investments in green energy and affordable housing. It is partially paid for by tax increases on corporations and a complete overhaul of the international tax system. The American Families Plan, released just ahead of the president’s speech, proposes $1 trillion in spending proposals and $800 billion in tax cuts for low- and middle-income families. It focuses on expanding educational opportunities and child care for families and a national paid leave program, paid for in part by tax increases on wealthy Americans.