Biden’s budget includes tax breaks for families, hikes for the wealthy

Biden’s budget includes tax breaks for families, hikes for the wealthy

Unlikely to pass the House and the Senate to become law, the proposal for fiscal 2025 is an election year blueprint about what the future could hold if Biden and enough of his fellow Democrats win in November. The president and his aides previewed parts of his budget going into last week's State of the Union address, and they provided the fine print on Monday.