Biden'S 2024 Budget Plan

Biden'S 2024 Budget Plan. Washington ― president joe biden released a federal budget monday that carves out new social programs for housing, health care and child care and reduces. The president’s budget would restore the expanded child tax credit, lifting 3 million children out of poverty and cutting taxes by an average of $2,600 for 39 million.

The fiscal 2025 proposal includes $3 billion for the cybersecurity and infrastructure security agency, a $103 million increase over the agency’s current. Distributional effect of biden’s 2022 budget tax proposals.