Biden unveils $7.3tn budget as campaign pitch for spending, tax goals
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U.S. President Joe Biden has unveiled a $7.3 trillion budget as part of his campaign pitch for spending and tax goals. The budget includes proposals for child care, housing, and law enforcement, which would be aided by tax hikes for the rich and businesses. Biden aims to cut the deficit and pay for new programs to assist those with high housing and child-care costs. However, Congress is unlikely to adopt the measures as proposed.

#JoeBiden #Budget #Campaign #Spending #TaxGoals

https://asia.nikkei.com/Politics/U.S.-elections-2024/Biden-unveils-7.3tn-budget-as-campaign-pitch-for-spending-tax-goals