Republicans rip Biden's 'reckless' $7.3 trillion budget that will 'accelerate America's decline': Top GOP members says plan is a 'another example of disregard for fiscal responsibility'
1 year ago

Republicans rip Biden's 'reckless' $7.3 trillion budget that will 'accelerate America's decline': Top GOP members says plan is a 'another example of disregard for fiscal responsibility'

Daily Mail  

House Republican leadership tore into President Biden's new budget plan for fiscal year 2025, deeming it a 'roadmap to accelerate America's decline.' House Republican leadership tore into President Biden's new budget plan for fiscal year 2025, deeming it a 'roadmap to accelerate America's decline' The White House plans to pay for its ambition agenda - which includes $3 billion for climate change resilience - by imposing about $5 trillion in new taxes on corporations and the wealthy over a decade. Among Biden's budget proposals: the deficit would be reduced by $3 trillion over a decade, homebuyers would get a tax credit of $9,600, and parents would get a child tax credit. Other items in the budget: $2.1 billion for weather satellites to maintain the existing fleet of satellites critical for extreme weather forecasts and invest in next generation systems that would provide more accurate forecasts to combat the more powerful and frequent storms and extreme weather caused by climate change $2.9 billion for the Secret Service, which includes $70 million for security related to the 2024 Presidential Campaign and inauguration and $16 million to begin security preparations for the 2026 World Cup $7.8 billion for the Artemis program, which would bring astronauts - including the first women, first people of color, and first international astronauts - to the lunar surface as part of a long-term journey of science and exploration It also offers universal prekindergarten education to all four million 4-year-olds in America and give states the 'flexibility' to later expand preschool to 3-year-olds Provides 12 weeks of paid family and medical leave.

History of this topic

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