Stories tagged: "President Joe Biden"


President Joe Biden speaks about his 2024 proposed budget at the Finishing Trades Institute, Thursday, March 9, 2023, in Philadelphia. (AP Photo/Matt Rourke)
Biden’s Budget Would Tax Billionaires, Corporations to Strengthen Medicare, Expand Child Care, and Help Families

Republicans immediately rejected Biden's plan, but have yet to release their own budget. They have made it clear, however, that they want to apply deep spending cuts to everything from health insurance to food assistance benefits.

FILE - President Joe Biden speaks about his administration's plans to protect Social Security and Medicare and lower healthcare costs, Feb. 9, 2023, at the University of Tampa in Tampa, Fla. It seems like no one wants to cut Social Security or Medicare benefits, including Biden, who is already telling voters that his upcoming federal budget proposal will “defend and strengthen” the programs. (AP Photo/Patrick Semansky, File)
Biden Proposes Taxes on the Rich to Strengthen Medicare Funding

Biden’s plan would increase the Medicare tax rate on Americans earning above $400,000 from 3.8% to 5% to help keep Medicare solvent into the 2050s. No one earning under $400,000 a year would pay a dime more in taxes, under Biden’s plan. 

Speaker of the House Kevin McCarthy, R-Calif., speaks during a news conference in Statuary Hall at the Capitol in Washington, Thursday, Jan. 12, 2023. (AP Photo/Jose Luis Magana)
GOP Plans Could Include Deep Cuts to Social Security, Medicare, Medicaid, and the Affordable Care Act

House Republicans want to apply deep cuts to everything from health insurance to food assistance benefits, an effort that would plunge millions more Americans into extreme poverty.  

Student debt relief advocates gather outside the Supreme Court on Capitol Hill in Washington, Tuesday, Feb. 28, 2023, ahead of arguments over President Joe Biden's student debt relief plan. (AP Photo/Patrick Semansky)
The Supreme Court Is Hearing Arguments About Biden’s Student Loan Cancellation Plan on Tuesday. Here’s What You Need to Know

About 90% of the benefits from Biden's plan will go to families earning less than $75,000 according to the White House, but a group of Republican-led states have sued to block it.

President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol, Tuesday, Feb. 7, 2023, in Washington, as Vice President Kamala Harris and House Speaker Kevin McCarthy of Calif., applaud. (Jacquelyn Martin, Pool)
Biden Renews Call for Action on Gun Control in Wake of Mass Shooting at Michigan State

President Joe Biden at an annual meeting with county leaders on Tuesday said there is much more work to be done on gun control legislation—such as banning assault-style weapons, which are typically used in most mass shootings.

In this photo provided by the US Navy, sailors assigned to Explosive Ordnance Disposal Group 2 recover a high-altitude surveillance balloon off the coast of Myrtle Beach, S.C., Feb. 5, 2023. (US Navy via AP)
Report: Downed Object in Lake Huron Could Well Be ‘Benign’

The three still-unidentified aerial objects shot down by the US in the past week likely had merely a "benign purpose," the White House said Tuesday, drawing a distinction between them and the massive Chinese balloon that earlier traversed the US with a suspected goal of surveillance.

Photo by Justin Sullivan/Getty Images
Renters Are Struggling. The Biden Administration Introduced New Protections for Them This Week.

The Biden administration introduced several new efforts to protect renters, make renting more affordable, and to increase fairness in the rental market.