It’s campaign season already folks….
The below liked piece is from the Philadelphia Inquirer ….
NOT from CNN or MSNBC or the Washington Post….
Philly….
And he’s gonna hang out there in a Union Hall…..
Now we KNOW this is just gonna be part of the opening salvo for the Debt Ceiling Budget fight coming in the late Summer going into the fall…
The budget/debt ceiling will be actually worked out by Congress and with Trump about to go on the legal ropes then and primaries around the corner?
Things ARE going to hairy….
But if you haven’t noticed ?
Joe Biden IS moving to save his ‘Go Big’ investment in America by moving to help Working class and Middle class voters….Biden will promise to NOT let there be any cuts to Medicare or Social Security…
Plain Simple?
The man NEEDS the economy to get BETTER ….
His polling disapprovals remain above 50% a year and half out from the 2024 election vote…..
President Joe Biden is coming to Philadelphia on Thursday to unveil his latest budget proposal and plans to protect Medicare, according to the White House.
He’ll visit a union hall where workers are benefiting from his economic plans, the White House said late Sunday, and plans to deliver a speech that outlines his proposals “to invest in America, continue to lower costs for families, protect and strengthen Social Security and Medicare, reduce the deficit, and more.”
The budget proposal would cut the federal deficit by more than $2 trillion over 10 years and extend the life of Medicare, the health plan for Americans age 65 and over, by at least two decades, without cutting benefits, the White House told The Inquirer, though it did not provide details of how Biden would accomplish that difficult combination.
The budget, however, is unlikely to be enacted as Biden proposes, given Republican control of the U.S. House. Such plans typically serve as an outline of a president’s priorities, and a political marker to contrast with his rivals.
Biden will roll out his vision ahead of what’s expected to be a reelection announcement in the coming month, and as he has tried to contrast himself with some Republicans’ calls to scale back Social Security and Medicare. That topic was a main feature of his recent State of the Unionspeech, and is already a key piece of Democratic messaging ahead of the 2024 election….
Update ….
President Biden released a $6.8 trillion budget proposal on Thursday that would reduce the deficit, raise taxes on the rich, bolster military spending and ramp up competition with China.
The plan is widely considered to be dead on arrival with Republicans, who control the House. But it serves as an opening bid as lawmakers in Congress grapple over raising the debt limit as well as a policy blueprint for Mr. Biden’s widely anticipated re-election campaign.
In a speech in Philadelphia on Thursday, Mr. Biden said that his budget was designed to “lift the burden on hard working Americans” and drew sharp contrasts with the proposals that Republicans have offered, which the president argued would threaten the nation’s social safety net programs and benefit the rich….
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As lawmakers fight over raising the debt limit, Republicans have insisted they will allow the government to borrow more money to pay its bills only if there is an accompanying plan to reduce the federal deficit. Their proposals tend to hinge on deep spending cuts, but Mr. Biden’s plan makes clear that he and the Democrats want to use tax increases, enforcement of the tax code and the closing of tax loopholes to reduce America’s reliance on borrowed money.
Beyond tax increases, Mr. Biden is also proposing new savings for the government stemming from more aggressive negotiation over prescription drug prices. The White House estimates that those changes and other tweaks to the drug negotiation provision would save the government an additional $200 billion over 10 years, which it seeks to direct to the Medicare trust fund.
The plan would reduce federal budget deficits by nearly $3 trillion over the next 10 years, according to White House estimates….
image…Credit…Doug Mills/The New York Times