President Joe Biden releases his budget for fiscal year 2025, focusing on supporting middle-class Americans and cutting the deficit. The proposals include various measures such as restoring the expanded Child Tax Credit and implementing national paid family leave programs.
President Joe Biden released his budget for fiscal year 2025 , emphasizing his efforts to support middle-class Americans. The proposals include restoring the expanded Child Tax Credit , bolstering Medicare drug pricing negotiations, national paid family leave programs, and affordable housing . The budget aims to cut the deficit by $3 trillion over the next 10 years through adjustments to the tax code and cutting wasteful subsidies .
Biden highlighted his vision for the country in contrast to that of Republicans, particularly his 2024 rival Donald Trump
President Biden Budget Fiscal Year 2025 Middle-Class Americans Child Tax Credit Medicare Paid Family Leave Affordable Housing Deficit Tax Code Wasteful Subsidies Republicans Donald Trump
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