Biden budget aims to bolster Social Security, raise taxes on stock buybacks, corporations
March 12, 2024
March 12, 2024
WASHINGTON, March 12 -- Rep. John B. Larson, D-Connecticut, issued the following news release:
President Joe Biden on March 11 released his $7.3 trillion proposed budget for fiscal year 2025, which calls for protecting Social Security, raising the corporate tax rate and quadrupling the tax on corporate stock buybacks.
"Many of my friends on the other side of the aisle want to put Social Security on the chopping block," Biden said at his State of the Union addr . . .
President Joe Biden on March 11 released his $7.3 trillion proposed budget for fiscal year 2025, which calls for protecting Social Security, raising the corporate tax rate and quadrupling the tax on corporate stock buybacks.
"Many of my friends on the other side of the aisle want to put Social Security on the chopping block," Biden said at his State of the Union addr . . .