The Republican presidential candidate argued that his policies would result in substantial growth, despite projections that his agenda would fuel inflation and spike the national debt.
Biden is expected to announce the program tomorrow. Depending on the amount forgiven and income limits, it may cost the federal government between $300 billion and $980 billion.
Called the "American Families Plan," Biden's third major legislative proposal combines $1 trillion in spending with $800 billion in tax cuts and credits for middle- and lower-income families.