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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 ....
events of january 6th? i a julián castro, let s ge started. spring is right aroun the corner and joe biden i breaking out his garden shears 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 ne 25% tax on billionaires. other provisions of the plan, th corporate tax rate would increase from 21% to 28%. ther is an increase in capital gain taxes along with it, and to th interest loophole. tax heights for oil and gas companies, and a curtail of covid related 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 negotiation in the weeks to come. so wh doesn t matter? the budget proposal is a sign of th presidents priorities, who h wants to help, and what he wants to accomplish with the rest of his term. in eff ....
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 negotiation in the weeks to come. so why doesn t matter? the budget proposal is a sig of the presidents priorities who he wants to help, and what he wants to accomplish with th rest of his term in effect, it is an openin catch for his reelection bid and the challenge to house republicans to appear to hav no plan of their own speaker kevin mccarthy has promise to balance the budge in the next decade, but here i his problem, he has also promised not to raise taxes, and not to cut social security medicare, or defense spending. effectively, there is a little of that he can do. the math just doesn t add up so it seems that republicans ....
Republican controlled houses will actually adopt presiden biden s budget and its current form, there will be plenty o wrangling and negotiation in the weeks to come. so wh doesn t matter? the budget proposal is a sign of th presidents priorities, who h wants to help, and what he wants to accomplish with the rest of his term. in effect, i is an opening pitch for hi reelection bid. and th challenge to house republicans who appeared to have no plan o their own. speaker kevin mccarthy has promise to balance the budge in the next decade, but here i his problem, he has also promised not to raise taxes, and not to cut social security medicare, or defense spending. effectively, there is a little of that he can do. the mat just doesn t add up. so it seems that republicans are stuck between a rock and a har place. joining me now is democratic congressman, sean casten of illinois. he is th co-chair of the congressiona sustainable investment caucus. ....