President Joe Biden released his budget plans, pushing for billionaire tax increases and increased help to middle class families.
“President Joe Biden on Monday released his budget for fiscal year 2025, highlighting his efforts to help middle-class Americans get a leg up as the general election kicks off.
The proposals include restoring the expanded Child Tax Credit, bolstering Medicare drug pricing negotiations, national paid family leave programs, affordable housing and more.
The White House argued that Biden’s budget would cut the deficit by $3 trillion over the next 10 years, primarily through adjustments to the tax code targeting the ultra-wealthy and cutting to “wasteful subsidies.”” [READ MORE]
