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The president’s new budget mentions “equity” 63 times, “transgender” eight times and “queer” seven times

Joe Biden’s new budget plan, released Thursday, is light on initiatives to deal with the county’s drug crisis, but heavy on gender politics, according to a new analysis.

Biden mentioned “equity” 63 times in the document, Fox News found, more than double the number of references to the word “border.”

The word ‘fentanyl’ was only mentioned twice.

The word ‘transgender’ appeared eight times and ‘queer’ seven times, but the word ‘opiates’ was mentioned four times.

‘Equity,’ a key focus, was mentioned in the context of racial equity, equal access to health care, and equity for veterans.

President Joe Biden speaks about his 2024 budget proposal at the Finishing Trades Institute on Thursday

The White House posted a video on social media Thursday promoting the budget plan.

The White House posted a video on social media Thursday promoting the budget plan.

The document has been published online.  Not likely to happen

The document has been published online. Not likely to happen

‘On his first day in office, the President signed a sweeping Executive Order directing the entire Federal Government to advance an ambitious racial justice and equity agenda, not as a one-year project, but as part of a sustained commitment to make America’s promise real to all Americans,” the document says.

‘Since then, the Administration has made significant progress advancing equity across the Federal Government, including by issuing a second Executive Order that strengthens its ability to create opportunity for communities and populations that have historically been underserved, and continues to build an America where everyone can participate, prosper and reach their full potential,’ he continues.

Biden’s 2024 plan is considered unlikely to pass.

Analysts describe the proposal as a blueprint for the issues he will address in 2024, if he decides to seek re-election.

Biden also threw down the gauntlet to his Republican rivals, demanding that they too reveal their spending plans.

“I’ve already set my budget,” he said.

“Republicans in Congress should do the same.”

Biden said his plan was designed to help ordinary workers

Biden said his plan was designed to help ordinary workers

Biden’s plan would reduce deficits by $2.9 trillion over the next decade, a proposal that the Republicans already intend to reject.

On Thursday, the president spoke at a union training center in Philadelphia, discussing his plan for government finances and how his values ​​contrast with Republican priorities.

“I just distributed most of my budget,” Biden said.

‘Republicans in Congress should do the same. Then we can sit down and see where we disagree.

However, the president doubted that Republican members of Congress could make their numbers match their calls for a balanced budget, and suggested that any effort to do so could come at the expense of middle-class families.

‘How are you going to make the math work?’ Biden said. ‘What are they going to cut?’

House Speaker Kevin McCarthy said the president’s proposed deficit reduction was inadequate.

“It looks like he is going to create the greatest government in history.

“I don’t think that’s what we need right now,” he said.

In addition to deficit reduction, Biden’s 10-year budget largely revolves around the idea of ​​taxing the wealthy to help fund programs for the middle class, seniors and families.

It would collect $4.7 trillion in higher taxes, with an additional $800 billion in savings from program changes.

The tax increases include a reversal of 2017 tax cuts made by President Donald Trump for people who earn more than $400,000 a year.

Biden has introduced a new 25 percent minimum tax on homes worth $100 million or more.

In addition, the tax paid by companies on share buybacks would quadruple, and those making more than $400,000 would pay an additional Medicare tax that would help maintain the solvency of the program beyond 2050.

Medicare could negotiate the prices of more prescription drugs, which would help save the government money.

Accompanying that would be $2.6 trillion worth of new spending, including restoration of the expanded child tax credit that would give families up to $3,600 per child, up from the current level of $2,000.

That credit would be “fully refundable,” meaning households could receive the full amount even if they owe no tax.

The budget proposal would place a $35-a-month cap on insulin prices, matching a change Biden has already implemented for Medicare beneficiaries.

At a time of heightened tensions with Russia and China, the budget shows a decline in military spending as part of the US economy over the next decade.

But federal spending would amount to about a quarter of economic output as spending on Social Security and Medicare increases, essentially maintaining the size of government today.

The budget would seek to close the ‘earned interest’ loophole that allows wealthy hedge fund managers and others to pay their taxes at a lower rate, and prevent billionaires from setting aside large amounts of their holdings in benefit retirement accounts. prosecutors.

The plan also projects $24 billion in savings over 10 years by removing a tax subsidy for cryptocurrency transactions.

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