Biden’s Budget Proposal Reflects a Shift in Priorities

WSJ What’s News - A podcast by The Wall Street Journal

P.M. Edition for March 28. In 2021, President Biden proposed a massive boost in federal spending for healthcare, education and climate change programs. This year, the plan looks much different: It includes a substantial increase in defense spending and a proposal to reduce the nation’s deficit by imposing a 20% minimum tax rate on the wealthiest Americans. Congressional reporter Andrew Duehren joins host Annmarie Fertoli to discuss the plan and what it tells us about the Biden administration’s priorities. Learn more about your ad choices. Visit megaphone.fm/adchoices