Biden unveils fiscal 2025 budget with focus on social programs, corporate taxes

""The Department of Defense's share of the budget received criticism from Republicans for not being a big enough increase while some progressive organizations, like Public Citizen, said it was too large."

"""The budget proposes critical investments that help keep communities safe and offers a plan to crack down on fraud and close tax loopholes -- rewarding work, not wealth," DeLauro said."

"""The budget proposes critical investments that help keep communities safe and offers a plan to crack down on fraud and close tax loopholes -- rewarding work, not wealth," DeLauro said."

"Biden's spending proposal calls for increasing the lowest tax rates on billion-dollar corporations from 15% to 21% and those on multinationals' foreign income from 10.5% to 21%, and for eliminating some tax deductions for executive pay."

"But since then, Congress has passed appropriations measures on time only four times: fiscal 1977, 1989, 1995 and 1997, according to the Pew Research Center."

"Much of the proposed spending covers mandatory programs like Medicare, Medicaid and Social Security, which Biden has pledged not to cut."

"Much of the proposed spending covers mandatory programs like Medicare, Medicaid and Social Security, which Biden has pledged not to cut."

"Biden wants to keep those programs funded through an increase on the minimum tax for wealthy Americans and large corporations."

"Biden also called for capping aual prescription drug costs."

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"Biden's spending proposal calls for increasing the lowest tax rates on billion-dollar corporations from 15% to 21% and those on multinationals' foreign income from 10.5% to 21%, and for eliminating some tax deductions for executive pay."

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"Much of the proposed spending covers mandatory programs like Medicare, Medicaid and Social Security, which Biden has pledged not to cut."

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"""The budget proposes critical investments that help keep communities safe and offers a plan to crack down on fraud and close tax loopholes -- rewarding work, not wealth," DeLauro said."

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"Biden announced his goals for the upcoming fiscal year in an event Monday in New Hampshire, hitting many of the same notes from last week's State of the Union address.nn"

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""I have been saying this for some time now -- our defense budget should be built with the goal of deterring the threats facing our nation," said Mike Rogers, an Alabama Republican."

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"The spending proposal calls for expanded family leave, reduced costs for Americans and higher taxes on the wealthy.(CN) -- President Joe Biden unveiled the final budget of his term on Monday, laying out lofty goals to expand family leave, reduce the costs of child care, housing and health care and raise taxes on wealthy Americans and corporations."

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"Biden wants to keep those programs funded through an increase on the minimum tax for wealthy Americans and large corporations.nn"

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"Some of Biden's goals for the next fiscal year include universal prekindergarten education, 12 weeks of paid family and medical leave and a new tax break for first-time home buyers.nn"

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""nnConnecticut Representative Rosa DeLauro, a Democrat and ranking member of the House Appropriations Committee, said the proposal "offers a blueprint to lower the cost of living, create higher paying jobs, battle climate change, protect women's rights, honor our veterans, and protect our national security."

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"Homeland Security Secretary Alejandro Mayorkas called for Congress to pass the border legislation and the president's budget.nn"

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""nn"The president's budget proposal will enable us to continue using our diplomacy, assistance, and accountability tools to advance our vision of a free, open, secure, and prosperous world and to deliver on the issues that matter most to the lives and livelihoods of the American people," Secretary of State Antony Blinken said in a press release.nn"

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""By proposing historic investments in child care, lowering drug prices and health care costs, increasing access to affordable housing and helping people access higher paying jobs, President Biden is focused on helping the middle class and working Americans."

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""Once again, President Biden has put forward a budget that keeps our commitments to working families while also charting a fiscally responsible path forward," said Brendan Boyle, a Pesylvania Democrat."

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""Once again, President Biden has put forward a budget that keeps our commitments to working families while also charting a fiscally responsible path forward," said Brendan Boyle, a Pesylvania Democrat."

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""This budget invests in our homeland security today and lays the groundwork to protect the American people well into the future," Mayorkas said in a press release."

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