President Biden released a budget proposal aimed at offering tax breaks for families, lower healthcare costs , smaller deficits, and higher taxes on the wealthy and corporations. Unlikely to become law, the proposal is an election year blueprint.
If passed, deficits could be reduced by $3 trillion over a decade, with tax revenues increasing by $4.9 trillion. The budget aims to fund various programs and reduce the deficit.
Source: Healthcare Press (healthcarepress.net)
Biden Budget Proposal Tax Breaks Healthcare Costs Deficits Taxes Wealthy Corporations Election Year Blueprint
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