Biden is using his budget as a cudgel in the debt ceiling fight — and for 2024

President Biden will unveil his budget on Thursday, a proposal that the White House says would reduce the deficit by $3 trillion over 10 years.

Since Congress controls the purse strings — and Republicans control the House of Representatives — the plan is more of a political exercise than a practical roadmap for spending. Rather, it's an opening volley in a high stakes political fight over government funding and the debt ceiling, and is something that Biden can point to during what's expected to be a second run for the...