Consider the Source: Plans, Plans, Plans
Last month, President Joe Biden devoted a large portion of his first address to Congress on three major spending initiatives: the American Rescue Plan, the American Jobs Plan and the American Families Plan.
So, for this episode of his “Consider the Source” video series, Omnia Family Wealth Co-Founder and Chief Operating Officer Michael Wagner thought it would be helpful to sit down and discuss these three plans so investors can have a better understanding of what could be in store as they come to fruition.
Wagner specifically explains:
- The focus of each plan
- The cost of each plan
- How each plan intends to be paid for
- The current status of each plan
During the video, Wagner emphasizes that there is still a lot that needs to be done before most of these plans ultimately become law and what passes may look very different than what he is discussing today. Despite this, it is still important for investors to keep a close eye on things, especially for those with private assets, and do some prospective planning.
As always, please do not hesitate to contact us with any questions. We are available via email or phone at (305) 602-9080.