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Biden proposes $6.8 trillion budget to make rich pay "fair share"

Posted on AllSides March 9th, 2023
From The Left
Andrew Harrer/Bloomberg via Getty Images

President Biden is detailing his plans to increase taxes on the wealthiest Americans and corporations in his Fiscal Year 2024 budget to help fund $6.8 trillion in spending next year.

Why it matters: Biden's plan, which has little chance of being enacted by Congress, amounts to the clearest distillation of his political priorities as he prepares to mount a re-election campaign by running against congressional Republicans.

"My 2024 Budget is a blue-collar blueprint to rebuild America in a fiscally responsible way that leaves no one behind," Biden said.

The message...

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https://www.axios.com/2023/03/09/biden-2024-budget-debt-deficit

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