Biden budget proposal announced ...News

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Countering a supposed Russian threat featured prominently in the new draft released as a campaign pitch US President Joe Biden released a draft budget for the next fiscal year on Monday, outlining his policy proposals as he prepares to run for a second four-year term ahead of the November election. The document includes an allocation to target supposed “aggression” from Russia. In the $7.266 trillion budget for fiscal year 2025, Biden wants to raise taxes on corporations and high earners to help cut the deficit and increase spending on “mandatory” social programs. The administration plans to spend roughly $300 bil

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