Former Vice President and current presidential candidate Joe Biden promised Saturday that on "Day One" of a Biden presidency he would repeal President Trump's 2017 tax cuts and close $500 billion on tax loopholes. Biden promised that, among other things, residual funds from the tax break would be put toward initiatives such as green energy research and development, two-year college tuition grants and a public-option health insurance plan. CLICK HERE FOR THE FOX NEWS APPThe 2020 hopeful also proposed an $8,000-per-child credit for child care. Biden also reiterated his plan to implement a public health care option like Medicare, which would guarantee that low-income individuals have health coverage. Biden continues to lead the polls in a field of some two-dozen Democratic contenders.

Source: Fox News June 22, 2019 23:37 UTC