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Biden's Budget

Posted on AllSides March 30th, 2022

“President Joe Biden announced a budget blueprint Monday that calls for higher taxes on the wealthy, lower federal deficits, more money for police and greater funding for education, public health and housing… There would be $795 billion for defense, $915 billion for domestic programs, and the remaining balance would go to mandatory spending such as Social Security, Medicare, Medicaid and net interest on the national debt.” (AP)

‍“The budget proposes that households worth more than $100 million pay at least 20% in taxes on both income and ‘unrealized gains’— the increase in an...

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