Biden budget packed with tax hikes, increases national debt

Contributing sentiments towards policy:

52% : While the budget is only a recommendation from the White House that has almost no chance of becoming an actual budget, it lays out the president's priorities for spending and which tax increases he is willing to publicly get behind.
49% : President Joe Biden on Monday released his $7.3 trillion budget proposal for fiscal year 2025 with $5.5 trillion in tax increases that continues to increase the national debt.
49% : The White House plan, though, would increase the debt slower than the existing trajectory and pay for it with several tax increases, including a 25% minimum tax on billionaires, as well as ramping up audits on Americans to increase IRS collection.
47% : The plan would also eliminate tax breaks for cryptocurrency and real estate, another of a range of proposals in the large budget plan.
42% : In only 7 years, Medicare faces an 11% cut to providers that would affect more than 77 million enrollees.
20% : "Meanwhile, critical programs including Social Security and Medicare are in significant danger of automatic cuts for all beneficiaries, and we can't let that happen.

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