Biden’s $6.8 trillion budget proposes tax hikes on wealthy to reduce deficit, shore up Medicare

President Biden outlined a slew of tax hikes on wealthy Americans as an avenue for reducing the deficit and funding key programs like Medicare in his proposed budget for fiscal year 2024 released on Thursday. It gives a glimpse of the policy proposals and issues Biden hopes to emphasize ahead of a reelection bid. The budget, with … Continue reading Biden’s $6.8 trillion budget proposes tax hikes on wealthy to reduce deficit, shore up Medicare