2024-03-12 02:34:00
Nikkei Asia news agency (Nikkei Asia) reported (March 12) that US President Joe Biden drafted a policy vision for 2025 using more than 7.3 trillion dollars ( approximately 270.1 trillion baht) with the goal of convincing Americans who are suspicious of his economic management.
- Joe Biden outlines policy vision for fiscal year 2025, potentially costing more than $7.3 trillion (270.1 trillion baht).
- Republican House Speaker Mike Johnson quickly rejected the proposal. and pointed out that it was a careless drafting of the policy.
Nikkei Asia News Agency (Nikkei Asia) report (12 Mar.) that Joe Biden The president of the United States outlines his vision forPolicy for 2025 Using more than 7.3 trillion dollars (regarding 270.1 trillion baht), the goal is to convince Americans who question his management of the economy.
Biden wants to raise trillions of dollars in taxes on private companies and high earners. His budget shows that he wants to help.Reduce the deficitand helping people dealing with high housing prices and child care budgets.
Biden’s budget for fiscal year 2025, which if passed, will begin in October. There are policies like increasing the corporate income tax rate to 28% from 21%, forcing people with $100 million in wealth to pay taxes on at least 25% of their income, and letting the government negotiate to lower drug costs even more.
However, Nikkei Asia analysis reported that This budget draft is unlikely to pass the House vote.
At the same time, the government will bringChild Tax Credit Return for low- and middle-income earners represents more than $258 billion (approximately 9.6 trillion baht) to build homes. Provides 12 weeks of paid family leave for workers with young children.
side Mike Johnson The Republican speaker of the House of Representatives immediately rejected the proposal. and said that the proposal reflects “An insatiable appetite for reckless spending” and a “disregard for fiscal responsibility.”
Biden unveiled the draft budget just days following the Democratic president’s fiery “State of the Union” speech in which he attacked the values ofDonald Trump Fiercely
Related content
A Nikkei Asia analysis said Biden was struggling in his campaign to assuage voters’ concerns following the economic climate under his administration did not improve.
40% of Americans think Trump is best at managing the economy, compared with 31% who chose Biden and 28% who didn’t know or declined to answer the survey.
refer
1710211507
#Biden #pitches #budget #trillion #baht #Republicans #strongly #oppose
