Biden’s 2025 Budget Plan Highlights Policy Differences Ahead Of Elections – By Daniel Avis (IB Times) / March 11, 2024
President Joe Biden’s ambitious 2025 budget proposal, published Monday, is almost certain to be dead on arrival in the sharply divided US Congress ahead of presidential elections later this year.
Instead, the 2025 budget serves as a blueprint of the administration’s economic policy priorities, and highlights the sharp divisions between Democrats and Republicans ahead of Biden’s likely rematch with former president Donald Trump in November.
“We’re seeing a great comeback story,” Biden said during a speech in Washington before the proposals were published on Monday, highlighting his administration’s recent economic record.
“Nearly 15 million new jobs created so far, that’s a record. Growth is strong. Wages are rising. Inflation is down,” he said.