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