"This will be a mobilization of R&D and procurement investments in ways not seen since World War II."

Former VP Joe Biden Thur. unveiled a $700B economic recovery plan aimed at reviving American manufacturing. (CNN)

Biden told reporters in Dunmore, Pennsylvania that his plan—called the "Build Back Better" plan—would create 5M jobs.(NPR)

Biden: "Folks, it's not sufficient to build back, we have to build back better."

According to the Washington Post, Biden worked "closely" with Sen. Elizabeth Warren's team on the new economic plan.

Biden called for tax reform, promising to reverse Trump's corporate tax cuts and raise $4T in revenue over 10 years. (CNBC)

Andrew Davis, CNBC: "In 2018, Amazon paid $0 in U.S. federal income tax on more than $11B in profits before taxes."

Biden: "When we spend taxpayers’ money...we should use it to buy American products and support American jobs."

Biden's plan includes: • $400B procurement investment • $300B R&D investment

Biden: "It’s way past time to put an end to shareholder capitalism."

Biden also criticized Pres. Donald Trump's handling of the pandemic: "Trump has simply given up."

On Wed., the US reported 3M+ confirmed cases of the coronavirus. (NPR)

Biden: "It’s time to help small businesses, middle-class folks, manage their way through the pandemic."