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Biden plans... record spending/taxes

Tue, 03/29/2022 - 19:03
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President Joe Biden’s budget proposal, which the president released today, calls for the federal government to collect a record $4,638,000,000,000 in taxes in fiscal 2023. At the same time that the federal government is collecting those record taxes, according to Biden’s proposal, it would also spend $5,792,000,000,000 — resulting in a fiscal 2023 deficit of $1,154,000,000,000. The record $4…

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