Biden’s budget goes bigger on defense, taxing the ultra-rich

Posted on AllSides March 28th, 2022
From The Left
federal budget, taxes, national defense
Petr David Josek/AP Photo

President Joe Biden implored Congress in his budget request Monday to boost military funding by 4 percent and non-defense coffers by 5 percent, while forcing the wealthiest households to pay more taxes.

Republicans are expected to offer a stiff counteroffer — demanding that Biden go even bigger than his proposed $813 billion for the national security budget, and shrink his ambitions for $769 billion in non-defense spending.

The president’s second budget request lays out his spending wishes for the fiscal year that will dawn in October, a month before Election...

Read full story

Politico

AllSides Media Bias Rating: Lean Left
AllSides Media Bias Rating: Lean Left
106308/83984
See full bias rating for Politico
Learn about media bias
https://www.politico.com/news/2022/03/28/biden-budget-request-00020611

More News about Economy and Jobs from the Left, Center and Right

From the Left

From the Center

From the Right