President Biden's budget contains $3 trillion in deficit reduction, as administration officials are eager to tout. Large as that number may seem, t...
President Biden's budget contains $3 trillion in deficit reduction, as administration officials are eager to tout. Large as that number may seem, though, the details show the limits of trying to reduce the United States' worrying fiscal situation on the backs of the ultra-rich.
Why it matters: The U.S. is facing a large deficit as a share of the economy — even if the Biden administration were to secure the tax increases on billionaires and large corporations it seeks. Biden, Trump dueling border visits live updates: Both arrive in Texas where Border Patrol tells president 'keep our name out of your mouth today'
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