Biden presents budgets for 2024 with more taxes for the rich

Joe Biden presents his new budgets for the United States, of a social nature, with tax increases for the rich and an increase in defense for 2024.

They will be record budgets of 6.9 trillion dollars, adding a deficit to public accounts of 1.9 trillion,

His proposition, which is part of his re-election campaign, will raise the tax on corporations to 28% and set a minimum tax of 25% on billionaires.

However, most of the proposals are expected to be blocked in Congress by Republicans, who prefer spending cuts to offset significant public debt.