making republicans show that they have no plan in response. plus, alarming suggestions tha the administration might b taking a right turn on immigration. and why are republicans so afraid to blame trump for th events of january 6th? i am julián castro, let s ge started. spring is right around the corner and joe biden i breaking out his gordon shares the president formally unveile his new budget proposal this week, aiming to cut the federa deficit by projected three trillion dollars over the next decade in part through a new 25% ta on billionaires. other provisions of the plan the corporate tax rate would increase from 21% to 28% there is an increase in capita gains taxes along with it, and to the interest loophole tax hikes and gas companies an acre tailing of covid relate spending now, to be clear, no one in th white house is saying that republican controlled houses will actually adopt presiden biden s budget and its current form, there will be plenty o wrangling and negoti
political fight, because it is going to be a consequentia one. the wrapping up to a big deb ceiling battle it was written in the new york times that republicans, quote, claim to believe that rising federal that is a major crisis but if they really believe tha they would be willing to accep at least some pain, except som policies that they dislike take on popular spending programs in the name of defici reduction, do you see any of that happening what the republicans know but they do not like to admi is that 25% of all of the debt we have ever incurred as a country was born on donald trump s watch. and, i don t, maybe i am naive i do not think that they wan to blow up the economy but the believe that they have a hostage and folks are going to flinch if they take th hostage. i sometimes regret that we get