$2T to $3T: making the wealthy and big corporations pay their fair share


#shorts a reporter asked White House press secretary Karine Jean-Pierre, “for over a month now, President Biden has been saying that this budget blueprint that he’s going to release is going to have $2 trillion in deficit reduction. You guys are now saying it’s nearly $3 trillion. So could you give us a sense of how you got there and why that number has increased? Are there specific revenue raisers or spending cuts that you’ve now added that weren’t previously there?

KJP: … making the wealthy and big corporations pay their fair share without raising taxes on Americans that are making less than $400,000 … The changes that you saw from $2 trillion to $3 trillion: As we work through the budget process, the proposals that the President supported and wanted to include in this year’s budget added to nearly $3 trillion in deficit reduction.

On 3/8/3023, Jean-Pierre said Biden would propose to raise taxes on corporate stock buybacks and said wealthy Americans would ‘pay their fair share’

Ahead of the release of President Biden’s budget on Thursday, the White House repeatedly signaled that Biden would propose to raise taxes on the wealthy while trashing the tax cuts signed into law by his predecessor Donald Trump as “reckless” and “irresponsible.”

other clips of this published longer video is here: https://youtu.be/ooqX_SgcJr0
$2T to $3T: making the wealthy and big corporations pay their fair share

,