Breaking down Biden’s budget: Here’s what’s in it
3/15/23
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from The Hill,
3/9/23:
President Biden on Thursday unveiled a sweeping budget plan for the coming fiscal year.
The request details a set of ambitious proposals from the White House, ranging from plans to extend the lifetime of programs like Medicare, tax proposals targeting the wealthy to help reduce the deficit by trillions of dollars over the next decade, and funding for a slew of Democratic priorities.
Budget requests typically do not become law, and Biden’s will be no exception, with the House controlled by Republicans and Democrats holding a narrow majority in the Senate.
But the request will serve as an important point in the debates this year on raising the debt ceiling and funding the government.
Here’s what Biden has proposed.
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