President Biden's 2025 Budget Request
President Biden's 2025 budget request of $7.3 trillion faces criticism from Republicans for being a 'liberal wish list' and 'reckless.' The budget includes raising taxes on corporations and high earners, delivering aid to Ukraine, and adding $6.4 trillion in debt over four years.
Key Points
- Budget request faces criticism for being 'reckless'
- Republicans argue it will fuel inflation
- National debt currently just under $34.5 trillion
Pros
- Plan to deliver aid to Ukraine
- Desire to raise taxes on corporations and high earners
Cons
- Criticism for being a 'liberal wish list'
- Adding $6.4 trillion in debt over the next four years