Biden JUST Added Detail: The Next $2.25 Trillion Dollar Bill

everyone meet kevin here joe biden and

the biden administration have just

teased what is going to be in part one

of joe biden's

infrastructure package and it is a lot

a lot of spending now we've gone through

a preview of this before

in terms of how this entire potentially

four trillion dollar package could break

down

but what i want to go through right now

is just give you the bottom line points

on some of the latest changes

so here's what we're thinking 2.25

trillion dollars

will be in reveal part one that means

potentially as much as 1.75 trillion

will be in reveal part two which we

might hear about in two to three weeks

reveal part one is slated to include 650

billion dollars in infrastructure

spending

400 billion dollars in elderly disabled

spending so uh elderly care and disabled

individual spending

300 billion dollars towards housing

presumably

green efficiency building uh or green

efficient building

we want to say it low-income housing

could potentially be part of that

we're not sure we'll see 300 billion

dollars towards manufacturing and we

know that there's been a big push

towards getting

electric vehicle manufacturing in

america also money going towards the

grid

broadband water 400 billion dollars

folks in

clean energy credits which would

essentially go towards things like

electric vehicle chargers

electric vehicles solar energy maybe

battery backups for your house as well

huge

huge amount of money towards credits now

uh there is also likely going to be an

aggressive deadline from the biden

administration of

getting basically all new electric

vehicles or

excuse me all vehicles completely carbon

free

by 2035. now we've seen some states

implement deadlines like this before

like california being one of them china

has said they've had a goal like this

but really this transition to electric

vehicles is potentially going to take

somewhere around

you know 30 35 years from now this could

really be

a between now and 2050 endeavor and

that's because even in 2035 there's

still going to be gas powered vehicles

on the road

they're not all going to vanish because

well people have cars and

they don't necessarily have to get rid

of them right now uh

there are going to be or the expectation

is the incentives

for electric vehicles in this plan are

going to be

huge this is one of the reasons folks

we've been doubling down in the either

the programs link down below on the

stock market

uh or in my live streams we've been

double and tripling down

on electric vehicles because this is the

start

of a 35-year transition this is not just

here today gone tomorrow like this this

is huge uh and so biden is

really seeking to push incentives to

make this happen

uh he is also concerned about the risk

of losing united states jobs to other

countries

by not moving fast enough on this and he

also wants the epa to improve fuel

efficiency standards

or the rate at which fuel efficiency

increases

throughout the country obama had

proposed a five percent per year fuel

efficiency bump

but that got replaced by looser

regulations

now we've got the epa only requiring a

1.5

per year increase in fuel efficiency

which is very little it's a drop in the

bucket i mean

1.5 is like instead of your car getting

50 miles to the gallon maybe it gets

like 50.75 miles per gallon the next

year it's

it's pretty nominal or like a 25 mile

or a per gallon car getting somewhere

like

point three two or three five miles

right like it's uh it's super super

nominal the

the increases here uh that the current

standards are and biden is expecting to

massively change these we'll see

i will also get more details on biden's

tax credits

we also know that a lot of this is going

to depend

on congress obviously we know that

certain uh ev manufacturers are really

excited about this

volts wagon the new potential name from

volkswagen might be

volts like an electric volt uh wagon we

also know that the biden administration

has not been a big fan of the california

z-rex system which is just a way of sort

of

trading carbon offset taxes in other

words somebody who

produces a lot of carbon emissions would

have to buy credits

from somebody maybe who does not

manufacture

or offset a lot of carbon emissions the

bait administration doesn't want to go

in that direction

maybe they think it's too complicated

they just want to make everybody more

efficient

together and not sort of leave that open

or that door open for somebody to

continue to be a polluter

while just buying offsetting credits so

we'll see

tomorrow's going to be a very very big

day for infrastructure but we're

already starting to see electric vehicle

stocks and electric vehicle related

stocks move on this news

we're expecting a ton a ton of

information

not only on chargers but electric

vehicles the credits cash for clunkers

it's gonna be a big day tomorrow so this

is a preview of what to expect tomorrow

and folks

we'll see in the next video thanks so

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