Biden calls for broad new social programs, higher taxes on corporations and the wealthy

[Uncle Joe]

The president’s 2025 budget is the strongest signal yet of his economic pitch to voters for a second term

President Biden speaks to the crowd at a rally at the Pratt-Pullman Yard in Atlanta on March 9. (Kendrick Brinson for The Washington Post)

President Biden on Monday called for major new spending initiatives to lower costs for health care, child care and housing and enough new taxes on the wealthy and major corporations to pay for those proposals and also shave $3 trillion off the national debt over the next decade.

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Biden’s reelection year budget lays out the broad policy planks that many leading liberals have pushed him to embrace as he campaigns for another four years in the White House. With Republicans in control of the House, the proposals stand almost no chance of becoming law, but they set the stage for a likely rematch with former president Donald Trump this fall.

(snip)

The budget follows up the president’s State of the Union address, which fired up Democrats and ignited the Biden campaign’s largest fundraising hauls, in the strongest signal yet of Biden’s ambitions should he win another four years in the White House.

(snip)

“Imagine what that could do for America,” Biden said in the address. “Imagine a future with affordable child care. Millions of families can get — they need to go to work to help grow the economy. Imagine a future with paid leave because no one should have to choose between working and taking care of a sick family member. Imagine a future of home care and elder care and peoples living with disabilities so they can stay in their homes and family caregivers can finally get the pay they deserve.”

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https://www.washingtonpost.com/business/2024/03/11/biden-budget-campaign-taxes/

[XanaDUer2]

1. I love this man nt

[ConstanceCee]

2. Good.

[appalachiablue]

3. Bravo Joe, fair is fair, it's about time.