Biden proposes social spending budgets for 2025 covered by tax increases on the rich. The $7.3 trillion proposal has little chance of passing the Republican-controlled House.

Almost all the points that appear black and white were cited in Biden's speech on Thursday in his Budget proposal on Thursday. Where Biden is going to have the most difficulty in carrying out the maximum program that all budgets are expected to carry out is in the corporate tax and income tax rates. The Made in America program of the 2020 election gave way to the Investing in America agenda.