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Biden budget takes taxes, spending, IRS funds to new levels, promises plan will cut deficit Follow Us SearchSearch Keyword: Search FRONT PAGE PODCAST RECOMMENDED White House calls Pence ‘homophobic’ over joke about Buttigieg’s maternity leave WhiteWashington Times
Washington, DC,
March 10, 2023
President Biden’s $6.8 trillion budget proposal would impose a whopping $5.5 trillion in tax increases and push federal spending roughly 55% higher than pre-pandemic levels, including a 15% boost for the IRS that would be added to the agency’s current massive funding increase. Mr. Biden announced the tax hikes Thursday in his annual budget proposal for fiscal 2024, which the White House says would reduce the federal deficit by more than $3 trillion over the next decade... "'Joe Biden’s budget proposal will be as popular with the House GOP as Pete Buttigieg is with the people of East Palestine, Ohio,'” said Rep. Ben Cline, a Virginia Republican who serves on the House Appropriations Committee." Read more here. |