Here's What's In Pres. Biden's Budget And How He Plans To Pay For It

The video discusses the president's economic plans, including infrastructure, Social Security, and Medicare expansion. It highlights budget priorities, a projected $1.8 trillion deficit, and tax increases. The plan includes social programs and infrastructure investments, with a focus on bipartisanship despite potential opposition.

What are some of the key areas included in the president's initial budget proposals?

• Healthcare and military expansion

• Infrastructure, social security, and universal pre-K

• Defense and space exploration

• Education and foreign aid

What is the projected deficit associated with the president's budget plan?

• $1.5 trillion

• $1.8 trillion

• $2.5 trillion

• $2 trillion

Which tax changes are proposed in the budget plan?

• Decrease in corporate taxes

• Increase in sales tax

• Flat tax rate for all

• 7% increase for corporations and 2% increase for high-income earners

What are some of the specific allocations mentioned in the budget?

• Public transportation and housing

• Healthcare reform and foreign aid

• Military expansion and space exploration

• National family leave program and free community college

What is the administration's approach to achieving its economic goals?

• Relying on international partnerships

• Pursuing bold actions even if it means going alone

• Implementing small, incremental changes

• Focusing solely on bipartisan support