The President’s 2025 Budget includes significant changes to revenue and spending policies aimed at addressing key national priorities. Proposals like raising the corporate tax rate and expanding child care access are expected to impact revenues and mandatory spending by trillions over the next decade. While discretionary defense funding sees reductions, increases are planned for health, education, and social services. These shifts reflect a strategic balancing act between fiscal responsibility and public investment.
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Website: | Visit Publisher Website |
Publisher: | Congressional Budget Office (CBO) |
Published: | October 1, 2024 |
License: | Public Domain |