Joe Biden speaks at McGregor Industries in Dunmore, Pennsylvania. Photo: AFP Joe Biden speaks at McGregor Industries in Dunmore, Pennsylvania. Photo: AFP
Joe Biden speaks at McGregor Industries in Dunmore, Pennsylvania. Photo: AFP

Biden launches US$700 billion recovery plan, vowing to stimulate economy and ‘Buy America’

  • The goal is ‘to sharpen America’s competitive edge’ in new industries like battery technology, artificial intelligence, biotechnologies and clean energy
  • Biden’s plan also promotes new tax rules including hiking the corporate tax rate to 28 per cent from 21 per cent, and expands union access to empower workers

Topic |   US Presidential Election 2020
Joe Biden speaks at McGregor Industries in Dunmore, Pennsylvania. Photo: AFP Joe Biden speaks at McGregor Industries in Dunmore, Pennsylvania. Photo: AFP
Joe Biden speaks at McGregor Industries in Dunmore, Pennsylvania. Photo: AFP
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