LIVE: President Joe Biden announces his 2023 federal budget — 3/28/22

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President Joe Biden’s 2023 federal budget, released Monday, proposes tax hikes on the ultra-wealthy and corporations while providing billions of dollars in new spending for the Defense Department and the Justice Department.

The proposal sent to Congress touts a reduction in the federal budget deficit of more than $1 trillion over the next 10 years. This is paid for, in part, by raising the corporate tax rate from 21% up to 28%, a rate favored by progressive Democrats but opposed by key moderates. Biden also proposes a new 20% minimum tax on the top 0.01% of earners and households worth more than $100 million.

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LIVE: President Joe Biden announces his 2023 federal budget — 3/28/22
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BBBG plan, Build Back Bigger Government, On the back of our GDP!

chriskredlo
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according to treasury.gov data, we are now suffering from the highest inflation rate in history . Also, corporations pay on average 11% not 8% in taxes and it appears his policies will cause the middle class to disappear completely making just two classes - the very rich and the very poor. Nevermind saying things that are going to send us into WW3

Roxyct
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Not one question about our southern border and if there’s anything in the budget has money directed to stopping illegal entry as well as the Mexican cartels activities
Does anyone care?

bobz
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His "budget" or handouts??

"The president’s budget calls for $40 billion for the development and manufacturing of vaccines, treatments and tests aimed at future threats.

"Another $28 billion would go to the Centers for Disease Control and Prevention for surveillance, lab capacity and the public health workforce.

"The National Institutes of Health would get $12.1 billion for research on vaccines and other measures, while the Food and Drug Administration would get $1.6 billion for its labs and information technology." "

Hey Biden, you didn't request anything for your brain damage?? As for your crap, bubba, NO THANKS.

dudleydoright
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He just added the nail in the Democratic Mid Term and 2024 elections coffin. Who does he think contributes to the Democratic Campaign the super wealthy.

trumpie
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Mr President, Americans are not that dumb! You seriously insult our intelligence! Sad that you must do that.

HarryARiggs
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Such Liars. He and his cronies only line their pockets

colleenrogers
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he doesn't care what the leader of a country with nuclear weapons thinks? 🙄
2024 couldnt come quick enough.

saddletramp
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What is with the Whispering?? Reminds me of how that Serpent in the tree "whispered" those words: You will not certainly die, ” the serpent said to the woman. “For God knows that when you eat from it your eyes will be opened, and you will be like God, knowing good and evil... The same deception happening again since the beginning of time.

Raineygoodyears
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I don't know what's more embarrassing, the fact the dude can barely fumble his way through a sentence anymore or the fact that there are people who still support the Poopy Pants administration

jeremyallen
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Tax the job makers in a degrading economy 🙄 I work at Amazon for minimum wage and even I know the stupidness of this. He must be so desperate to gain some point in the polls because your average joe doesn’t know billionaires and millionaires will invest less into the economy.

jorgesolis
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Raising taxes on cooperations and they turn around and raise prices and that's why inflation is out of control

racheledwards
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I love how he is that he is bringing down the deficit. Yeah, we owed money and printed 2, 000, 000, 000, 000 trillion dollars to pay off 2/3 of the US deficit.

I guess there are ignorant people who do not comprehend Joenomics.

keitoth
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Make sure to tax dollars only go to the US for the local service not for foreign countries

btroy
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45 had the USA in a good spot in the economy. Gas actually got down to 98 cents per gallon for a while

nitac.
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This is why they removed the thumbs down counter because he hates honesty

Shmity
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Thank you Mr Biden & Congress for ignoring the Vietnam veterans day ( 3-29-2022 ). We have been CRAPPED on for 55 years.

SPParks
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Democrat failure and embarrassment on full display Let's go Brandon and the funny part if your gonna tax begin with yourself

davesonowski
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WE ARE $30 TRILLION DOLLARS IN DEBT.. We are heading down a highway to economic ruin and Washington D(N)C's solution is step on the gas. We are betrayed.

oatnoid
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You said no one believes what you had said, Mr. President. We never believe what you say!

HarryARiggs