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elleng

(130,916 posts)
Mon Mar 11, 2024, 01:28 PM Mar 11

Biden's Budget Underscores Divide With Republicans and Trump

The president’s $7.3 trillion budget for the next fiscal year proposes new spending on social programs to help the middle class that are offset by higher taxes on high earners and corporations.

President Biden on Monday proposed a $7.3 trillion budget packed with tax increases on corporations and high earners, new spending on social programs and a wide range of efforts to combat high consumer costs like housing and college tuition.

The proposal includes only relatively small changes from the budget plan Mr. Biden submitted last year, which went nowhere in Congress, though it reiterates his call for lawmakers to spend about $100 billion to strengthen border security and deliver aid to Israel and Ukraine.

https://www.nytimes.com/live/2024/03/11/us/biden-budget-proposal-2025

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Biden's Budget Underscores Divide With Republicans and Trump (Original Post) elleng Mar 11 OP
Link to Complete Budget Document jxla Mar 12 #1
Thanks, jxla, elleng Mar 12 #2
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