He toured Cuyahoga Community College before delivering remarks on the country’s economic situation and his plan for the future. He said the economy has added about 1.5 million jobs as unemployment claims decline.
“From a year of darkness, we are now emerging into the light and I said from the very beginning, ‘There’s no chance, no chance for this economy to come back unless we beat the pandemic,'” Biden said.
The president boasted vaccination rates, saying 50 percent of American adults are fully vaccinated. He also commented on Ohio’s Vax-a-Million lottery, which picked its first $1 million winner Wednesday night.
“Who would have thunk it? A million bucks for getting the vaccine, but it’s working,” Biden said.
Biden is pitching a $1.7 trillion plan, down from a previously announced $2.3 trillion opening bid. He wants to pay for it by raising the corporate tax rate from 21 percent to 28 percent.
“Now we’re faced with a question, what kind of economy are we going to build for tomorrow?” he said.
Republicans are expected to introduce an opposing plan sometime Thursday, while looking at gas taxes, tolls, and unspent COVID-19 relief funds for the project.