Happy Thursday! This newsletter has the potential to be very, very cranky tomorrow morning depending on what Ryan Pace and the Bears do in the NFL draft tonight.

Quick Hits: Today’s Top Stories

• In his first address to a joint session of Congress, President Joe Biden unveiled his $1.8 trillion American Families Plan, which would raise taxes on high-income Americans to pay for universal pre-K and community college, subsidized child care, family leave programs, and tax cuts for lower earners.

• Rep. Ted Budd became the latest North Carolina Republican to enter the race to replace Richard Burr in the U.S. Senate next year, joining former Gov. Pat McCrory and former Rep. Mark Walker.

• FBI agents executed a search warrant at Rudy Giuliani’s apartment yesterday, seizing cell phones and laptops from the former New York mayor and personal lawyer to Donald Trump as part of an investigation into Giuliani’s dealings in Ukraine. A similar raid was carried out at the home of Victoria Toensing, a Giuliani ally and former Justice Department official.